Inflation-adjusted U.S. gas prices have fallen to the lowest level for over 30 years as a mild winter and continued production growth leave the market carrying a growing surplus of inventories.
Investing in oil wells poses high stakes, attracting risk-tolerant individuals seeking significant rewards. Crude oil, the essential fuel of our modern world, lies beneath the earth's surface, awaiting extraction.
Portfolio investors resumed selling petroleum futures and options, especially those tied to crude, amid renewed doubts about growth in oil consumption in 2024.
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