With Saudi Arabia deciding to extend its voluntary crude oil production cut, strikes in a major LNG facility in Australia, and droughts in Panama, the outlook for demand for conventional energy is expected to remain tight in the foreseeable future. The consequent tailwinds could brighten the prospects of quality energy stocks Marathon Oil Corporation (MRO), Par Pacific Holdings, Inc. (PARR), and MV Oil Trust (MVO).
Consumers have been above and beyond to compensate for the years spent indoors trying to out-of-home experiences with virtual ones. As a result, air carriers are turning to bigger airplanes, even on shorter routes, and jumbo-jets, such as the Boeing 747 and the Airbus A380, are being brought back to help ease airport congestion and work around pilot shortages.
