Oil, Gas and Energy

Energy prices touch everything from gasoline to airline tickets to inflation reports. Here is what drives oil and natural gas, how volatile they are and how energy stocks relate to them.

What drives oil

• Supply: output decisions by major producers, including OPEC and its allies, and U.S. shale drilling.
• Demand: global growth, travel and industrial activity.
• Inventories: weekly U.S. storage reports move prices.
• Geopolitics: conflicts and sanctions in producing regions.

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