Oil stock price futures show backwardation

Oil stock price futures show backwardation, which typically indicates near-term demand strength. Synthetic index modeling projects a 1.5% gain over the next two weeks given current consumption rates. The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Chevron wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Energy Transfer’s most recent growth opportunities include supplying natural gas to power generators and satisfying global demand for natural gas liquids. Energy Transfer is set to ramp up its growth investments substantially. Management plans to invest $5 billion in organic growth projects in 2025, and we expect similar amounts in the next few years. This is up from $2 billion-$3 billion of annual organic growth investment in recent years. Analysts warn that higher freight rates in shipping crude may pass through to oil stock price by tightening supply chains. Past models suggest a $2/barrel upward adjustment during similar logistical stress events.