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Why Canadian Natural Resources (CNQ) Has the Biggest Upside Potential Among Oil Stocks

By Yahoo! Finance   |   Dec 3, 2024 at 06:05 AM EST
Why Canadian Natural Resources (CNQ) Has the Biggest Upside Potential Among Oil Stocks

Analyst Daan Struyven from Goldman Sachs discusses oil market dynamics and potential impacts on prices. He highlights factors like geopolitical risks, production levels, and OPEC strategies. The market remains focused on lower production risks and sees potential for short-term price increases due to global inventory deficits.

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