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Strategies & Market Trends : Natural Resource Stocks
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From: isopatch7/1/2025 10:37:10 AM
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<Why oil demand may outpace supply, despite best efforts from OPEC+ Major oil producers meet this weekend to decide on August production levels

By Myra P. Saefong

Published: July 1, 2025 at 7:00?a.m. ET

U.S. oil prices ended higher in June, but have declined so far this year.

Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than widely thought, thanks to one overlooked factor — at least according to one portfolio manager who’s covered the industry for more than 30 years.

A natural decline in the rate of production as oil wells age may already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight month.>

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marketwatch.com
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