With geopolitical tensions reshaping energy markets,
make your move in sectors poised for growth.
The Investing News Network reached out to the market watchers and insiders to get their best predictions, including top stocks and trends to watch!
2024 ENERGY
“Now that uranium prices have returned to more profitable levels, many previously closed mines are taking steps to start producing again. However, adding to the supply of uranium isn’t as simple as flipping a switch, and increasing uranium production is proving difficult."
Steven Schoffstall
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Table of Contents
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Uranium Price Update: Q1 2024 in Review
The uranium spot price displayed volatility in Q1, rising to a high unseen since 2007 before ending the quarter below US$90 per pound. U3O8 values shed 3.96 percent over the three month period, but experts believe fundamentals remain strong and expect the sector to benefit from various tailwinds in the months ahead. |
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Uranium Price Update: Q2 2024 in Review
After reaching a 17 year high in January, uranium prices consolidated in Q2, holding above US$82 per pound. |
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Oil and Gas Price Update: Q1 2024 in Review
Brent and West Texas Intermediate (WTI) crude prices both fluctuated widely in 2023, but ended the year about where they began. To start off 2024, they trended higher, picking up steam during Q1. |
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Oil and Gas Price Update: Q2 2024 in Review
Prices for Brent and West Texas Intermediate (WTI) crude sank slightly during the second quarter of 2024, shedding 2.68 percent and 2.45 percent, respectively, between April 1 and the end of June. |
INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled. The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available. Prior to making any investment decision, it is recommended that readers seek advice from a qualified investment advisor.
OUTLOOK REPORT
UPDATED!
With geopolitical tensions
reshaping energy markets,
make your move in sectors
poised for growth.
The Investing News Network reached out to the market watchers and insiders to get their best predictions, including top stocks and trends to watch!