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Business
Kritika Sarmah

3 Rising Oil & Gas Stocks to Buy for Positive Investments

Oil HESM PAA LNG Natural Gas Plains All American Pipeline EIA Kritika SarmahHer crude oil Cheniere Energy Inc

The global oil & gas market is experiencing growth due to robust demand, strong end-user preferences, and geopolitical instability. Thus, investors could consider investing in top oil & gas stocks Cheniere Energy, Inc. (LNG), Plains All American Pipeline, L.P. (PAA), and Hess Midstream LP (HESM).

The U.S. Energy Information Administration (EIA) predicts Brent crude oil prices to average $82/barrel in 2024 and $79/barrel in 2025, close to 2023 averages. OPEC+ production restraint, with expected crude oil production averaging 36.40 million barrels per day in 2024, contributes to price stability. 

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