Outlook brightens in US shale oil regions, reports Dallas Fed
ReutersJan 2, 2025 3:44 PM
By Georgina McCartney
HOUSTON, Jan 2 (Reuters) - U.S. energy executives' outlook brightened in the final quarter of 2024, according to a Federal Reserve Bank of Dallas survey released on Thursday.
Activity in the southwest region rose slightly in the fourth quarter, executives reported, with stronger outlooks for oil production and weaker for natural gas output, the December survey of 134 energy firms found.
(Reporting by Georgina McCartney)
((Georgina.mccartney@thomsonreuters.com; +1 469-691-7668;))
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Related Articles
Stocks Themes that can Make Big Moves at The Consumer Electronics Show (CES) 2025
Historically, CES was mainly for tech enthusiasts. However, recently it has been attracting a lot of attention from investors wanting to see how consumer electronic firms will be able to navigate the AI wave to boost their sales.TradingKey
14 hours ago
Does Qualcomm (QCOM) Have the Potential to be the Next Nvidia?
Source: TradingView Too Many Uncertainties for QCOM to Go Up but Limited Downside, HOLD In 2024, Qualcomm (QCOM) stock price went up just 10% - tepidTradingKey
20 hours ago
Weekly Market Outlook: U.S. December Jobs Data in Focus and CES 2025 Kicks Off
TradingKey – This week, key events include the U.S. December nonfarm payroll report, the Fed’s December meeting minutes, and CES 2025, the world’s largest tech expo, running January 7–10 in Las Vegas. Companies like NVIDIA, AMD, and Samsung are set to unveil major innovations.TradingKey
20 hours ago
