From Yahoo Finance: 2025-04-22 16:30:00

Oil and gas experts predict that expectations and oil prices have hit their lowest point and are now on the rise as we head into summer. The drop in crude oil prices, fueled by tariff fears, has bottomed out, with West Texas Intermediate (WTI) crude oil prices now above $63 per barrel. Despite stock price drops and increased uncertainty, the natural gas index is up 1.6% year-to-date. Rising U.S. crude oil inventory levels signal the need for oil refinery maintenance and turnarounds to fuel future growth. While recession fears linger, indicators like increasing air travel show signs of continued growth.



Read more at Yahoo Finance: Expectations and oil prices have bottomed with heading up to summer