How Trump may deliver lower oil prices but ‘mixed’ performances for oil and gas stocks
How could the White House race’s outcome shake up the fossil-fuel industry? Analysts anticipate that Trump could deliver lower prices for crude oil by helping to boost global supply, as noted in a [Ma
Oil Prices Fall as Trump Inches Toward Victory
Early results of the US elections and a bearish inventory report caused oil prices to decline in early Asian trade, despite ongoing concerns about potential supply disruptions in the Middle East.
Oil pares losses after falling 2% as dollar jumps on Trump victory
Oil futures dropped as much as 2% on Wednesday before paring losses as traders weighed what Donald Trump's presidential victory could mean for energy prices. On Wednesday West Texas Intermediate ( CL=F) futures hovered around $72 per barrel while Brent ( BZ=F ), the international benchmark, traded just above $75 per barrel.
Trump Sends Oil Prices Down, Oil Stocks Up. What’s Going On?
Crude oil prices were falling on Wednesday morning even as major oil companies rallied. Brent crude was recently down about 0.5%, while a basket of U.S. oil and gas exploration and production companies were up 3.
Oil falls after Trump election as US president sends dollar higher
Oil prices fell more than 1% on Wednesday after Republican Donald Trump was elected president, pushing the dollar higher. Trump, 78, recaptured the White House by securing more than the 270 Electoral College votes needed to win the presidency,
Oil Stocks Rise as Trump Prepares to Return to Presidency
KEY TAKEAWAYS U.S. oil company stocks rose Wednesday, with former President Donald Trump, viewed as a big backer of increased oil supply, set to return to the White House.Shares of ExxonMobil, Chevron,
Oil Stocks Jump Even as Crude Prices Fall With Trump on Cusp of Victory
It seems puzzling at first, but oil stocks were advancing early Wednesday even as crude oil prices were falling. Usually lower oil prices hurt shares of the companies that specialize in selling it, but not this time.
Oil falls as projected Trump win sends US dollar higher
Oil prices fell 2% on Wednesday as projections that Republican Donald Trump had won the U.S. presidential election pushed the dollar higher. Brent crude oil futures were down $1.25, or 1.65%, at $74.28 per barrel by 0953 GMT,
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Oil Prices and Clean-Energy Stocks Drop on Likely Trump Victory
Oil prices and shares of clean-energy companies slipped as Donald Trump looked poised to win the election. Brent, 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 ...
Oil prices edge up on Gulf of Mexico storm ahead of US election results
Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential ...
Crude oil prices today: WTI is trading at $71.26
WTI futures traded around $71.26 per barrel, as of 9 a.m. ET. That’s an increase of 0.79% in the last 24 hours.
Oil Extends Losses as U.S. Dollar Surges in Wake of Trump Victory
Oil prices extended losses in early trading in Europe, pressured by a rallying U.S. dollar following Donald Trump's ...
Oil prices fall on stronger dollar as polls start closing in US election
Oil prices fell on Wednesday as early poll results in the U.S. election showed Democrat Kamala Harris and Republican Donald ...
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How Trump's second administration could affect gas prices
posted on X that Trump's re-election is "net [positive]" for oil companies, as the energy sector is anticipating a rollback ...
Aramco profits fall on tumbling oil prices
Saudi Arabian oil giant Aramco reported third-quarter profits of $27.5 billion on Tuesday, down about 15 percent from last ...
Oil prices end at highest in a week after OPEC+ delays output hike by another month
Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary ...
Iran oil prices to China at multi-year high after exports fall, sources say
Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up prices amid ...