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Trump, oil futures
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.
Oil prices fall
Oil settles down 2% on receding hurricane risk, lackluster China stimulus
Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply disruptions from a hurricane in the U.S. Gulf of Mexico, while China's latest economic-stimulus packages failed to impress some oil traders.
Oil prices fall after China stimulus disappoints
Oil futures fell Friday, with weakness tied in part to disappointment in China’s latest round of stimulus measures. China on Friday signed off on a $1.4 trillion plan to aid local governments. It will raise the ceiling on local government debt by 6 trillion yuan,
Oil Falls on China Concerns, Fading Hurricane Threats
Oil prices extend losses in late afternoon trade in Europe, with both benchmarks falling more than 2.5% after China held off on new fiscal stimulus and fears over U.S. supply disruptions due to Hurricane Rafael eased.
1d
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, ...
Crude Oil Prices
1d
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 ...
4d
on MSN
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 ...
1d
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 ...
2d
Oil News: Election Fallout, Strong Dollar Challenge Oil Demand and Prices
WTI futures slip below $71.63 resistance as demand weakens; rising U.S. oil inventories and China’s 9% import decline drive ...
cbc.ca on MSN
4d
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 ...
Crude Oil Prices
2d
Oil Markets Uncertain as Supply Optimism Battles Demand Doubts
Oil
prices
navigated a turbulent terrain this week, caught between bullish supply signals and bearish demand concerns.
2d
Vitol CEO sees $70-$80/bbl oil prices in 2025, flags supply uncertainty
Global oil prices are expected to stay in the $70 to $80 per barrel range in 2025, similar to 2024, while geopolitical risks ...
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Trump
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