Trump will implement significant reforms and introduce an "Energy-dominance" executive order after taking office.
Trump is preparing a series of executive orders, and the policies regarding fossil fuels and electric Autos in the USA will undergo significant changes.
Concerns over sanctions combined with a decline in USA oil inventories have caused US oil prices to rebound, while Brent crude returns to above $80.
After experiencing the largest decline in over a month, oil prices rose slightly due to the continued impact of USA's sanctions on Russian oil exports, and an Industry report indicated a decrease in USA oil inventories.
Oil Prices Retreat From Five-Month High Amid Gaza Ceasefire Talks
With Trump's imminent takeover, traders are betting on an increased likelihood of tariffs, causing Metal and oil prices in the USA to soar.
In recent weeks, the prices of metals such as Copper, Silver, and Platinum have diverged between London and New York, while the oil price difference between the USA and Canada has also widened.
U.S. Forecasts Sliding Oil Prices -- Barrons.com
CPI Data, Oil Inventories Take Center Stage Wednesday
Crude Oil Is in a Downtrend Resistance and the Most Overbought Since 2023
A Closer Look at Chevron's Options Market Dynamics
Oil Prices Pull Back After Rising to Their Highest Since August on Russia Sanctions
SA Charts: These Companies Are the Biggest S&P 500 Spenders on Buybacks in Q3
Oil Broadly Unchanged as U.S. Sanctions Remain in Focus -- Market Talk
Barclays Maintains Chevron(CVX.US) With Buy Rating, Maintains Target Price $174
Express News | Caspian Pipeline Consortium: Oil Loadings Amounted to 63 Mln T in 2024
Oil Prices Are on a Tear. It's a Short-Term Headache for Inflation
Oil prices have reached a five-month high! Is the power of the 'strictest sanctions' against Russian oil really this significant?
① As the USA government implemented the broadest sanctions so far on Russia's Oil & Gas revenues last week, the rise in oil prices seems to be becoming unstoppable... ② Following a nearly 4% surge last Friday, Brent Crude Oil rose again on Monday by about 1.43%, pushing the settlement price of Brent to over $81, with intraday prices reaching a new high of $81.68 in over five months.
Futures Gain as Inflation Suspense Builds in U.S.
WTI Crude Surges Above US$78, Targeting US$80 Resistance
Express News | Chevron has appointed a former UPS executive as Chief Corporate Affairs Officer.
USA sanctions against Russia have led to a tightening of transportation capacity, causing a surge in tanker freight rates.
Ship brokers and traders have stated that after the USA expanded sanctions on Russian oil trade, tanker freight rates have skyrocketed.
The USA's reliance on Saudi oil is coming to an end.
The Energy market will no longer be a constraint on the USA's foreign policy in the Middle East.