Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald Trump’s win in Tuesday’s presidential election.
Oil Prices Drop After Trump Victory
Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a little over $74 a barrel. West Texas Intermediate, the U.S. equivalent, also dropped.
Citi predicts pressure on oil prices in 2025 under second Trump presidency
Crude oil futures slump on concerns about Chinese demand and limited impact from Hurricane Rafael; Biden administration buys last batch for Strategic Petroleum Reserve.
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s impact on the energy market.
Trump's victory may pressure oil prices through 2025, Citi says
Citi forecasted on Wednesday that U.S. President-elect Donald Trump's second term could exert downward pressure on oil through 2025, with Brent crude forecasted to average at $60 per barrel, primarily due to potential trade tariffs and increased oil supply.
Oil Struggles for Direction With Market Mixed on Trump’s Win
Oil steadied near $72 a barrel — little changed from yesterday — with traders ambivalent about the potential market impacts of Donald Trump’s election win.
Oil moves up as traders bet on ‘new golden area’ of energy output after Trump’s win
Oil futures turned higher in Wednesday dealings, with U.S. prices finding support after a brief drip below $70 a barrel as traders weighed the potential impact of former U.S. President Donald Trump’s win in the presidential election.
Oil settles lower as US dollar surges, investors take stock of Trump victory
Oil prices settled lower on Wednesday as investors weighed a strong U.S. dollar against the potential that U.S. President-elect Donald Trump's foreign-policy plans could squeeze global oil supply. Brent crude oil futures settled down 61 cents,
Oil Fluctuates as Traders Gauge Effects of Trump’s Election Win
Oil fluctuated as bets that Donald Trump’s election win will accelerate economic growth vied with bearish market data from the US.
Donald Trump’s Presidency Will Likely Boost U.S. Oil Output In 2025
Trump will return to the White House with the most pro traditional energy credentials of any U.S. president in recent memory.
Oil Edges Lower as Traders Consider How Trump May Affect Market
Oil edged lower after fluctuating for most of the session as traders wrestled with the potential market effects of Donald Trump’s election win. Most Read from BloombergParis Restricts Through Traffic in City CenterFrom Housing to Immigration,
Crude oil prices today: WTI prices are up 0.03% today
WTI oil has an American Petroleum Institute gravity of 39.6 degrees, considered “light.” WTI also has a sulfur content of ...
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Oil prices fall 3% as US hurricane risk recedes, China stimulus disappoints
NEW YORK/LONDON (Reuters) - Oil prices fell 3% on Friday on easing fears of prolonged supply disruptions from a hurricane ...
India says oil prices would have rocketed without its Russian imports
Global oil prices "would have hit the roof" if big importer India had not bought oil from Russia following the Ukraine war, ...
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Oil Prices Remain Rangebound Despite Dramatic Week
Oil prices have remained largely rangebound this week despite a dramatic news week that saw Donald Trump regain the ...
Oil prices rely on geopolitics regardless of who wins election, says RBC's Helima Croft
Helima Croft, RBC Capital Market's head of global commodity strategy weighs in on how the energy sector would be impacted by ...
Lower oil prices drag UAE markets down
Stock markets in the United Arab Emirates closed lower on Friday, driven by a drop in oil prices on subsiding risks of the ...
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Oil Prices Set for Weekly Gains on Election Results
Oil prices showed weekly gains despite an initial dip after the U.S. election and news of a weakening hurricane, with Brent ...
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Three years of roaring oil prices could be coming to an end
Ever since Russia invaded Ukraine in February 2022 and oil prices soared around the globe, the oil industry has enjoyed three ...