Crude Futures Extend New Year Rally -- Market Talk

WSJJan 6 22:03

Biden has banned new offshore oil drilling along the Atlantic and Pacific coasts of the USA, and it will be difficult for Trump to reverse this decision.

① Biden has permanently prohibited oil companies from obtaining new Oil & Gas drilling leases in approximately 0.625 billion acres of offshore waters; ② The US Energy industry has expressed dissatisfaction and called on Trump to use all tools to overturn this policy; ③ Due to legal restrictions, Trump finds it difficult to simply reverse Biden's decision, while some Republican politicians in coastal states also support this policy.

cls.cnJan 6 21:35

Oil Extends Strong Start to 2025 on Signs of Strong Demand for Mideast Crude

MarketWatchJan 6 20:46

WTI Crude Extends Gains, Analysts Target US$80 Resistance

Business TodayJan 6 14:52

WTI Hovers Near $73.50, Upside Seems Possible Due to a Potential Increase in Oil Demand

FXStreetJan 6 12:32

Oil Prices Steady Near Two-Month High Amid Market Optimism

Business TodayJan 6 08:05