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Midday crude oil analysis: Concerns about crude oil demand, the market is focusing on this important meeting!
Due to the news of a ceasefire between Israel and Palestine, oil prices have fallen, but a weakening dollar may limit the downward pressure brought by the easing of geopolitical tensions.
Morgan Stanley Maintains EOG Resources(EOG.US) With Hold Rating, Raises Target Price to $139
Morgan Stanley Reaffirms Their Hold Rating on EOG Resources (EOG)
On the first day in office, a major energy plan is being launched! The Trump team is preparing to promote henry hub natural gas exports and oil drilling.
Trump's energy plan includes approving new liquefied natural gas project export permits, accelerating oil drilling on the US coast and federal lands, and abolishing a series of climate legislation and environmental regulations implemented by former President Biden.
Trump is brewing another major move! It concerns the energy market.
Sources revealed that Trump plans to launch a wide-ranging energy plan within days of taking office to promote natural gas exports and oil drilling.
Crude Oil Retreats Slightly at Start of Thanksgiving Week as Focus Shifts to OPEC+ Meeting