Trump will return to the White House with the most pro traditional energy credentials of any U.S. president in recent memory.
The expectation is based on the likelihood of higher OPEC supply in the market in the coming months, led by Saudi Arabia.
OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.
Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by ...
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization ...
Oil giants on both sides of the Atlantic suffered from lower oil prices and weaker refining margins in the quarter.