Signals of deregulation in the Energy industry? Trump: Invest 1 billion in the USA, your company can receive expedited government approval.

Trump posts that the expedited approvals and permits include but are not limited to environmental aspects. Comments suggest that fast tracking may help him achieve his goal of increasing Oil & Gas development and reducing regulations, which is what he referred to as "we need to drill" during the October campaign.

wallstreetcn06:18

US Total Crude Oil Stocks Decline in Week Ended Dec. 6

MT Newswires6minutes ago

Jim Cramer Says 'Keep Owning' This Energy Stock, Abbott Laboratories 'Legal Stuff' Is Behind Them

Benzinga22:06

OPEC has cut its oil demand forecast for the fifth consecutive month, with the largest reduction to date.

OPEC has lowered its forecast for Consumer growth in 2024 by 0.21 million barrels per day to 1.6 million barrels per day. Since July, OPEC has reduced its forecast by 27%. Analysts believe that OPEC's forecast still exceeds the general market expectations and there is a gap with this year's actual Consumer data.

wallstreetcn21:52

OPEC Cuts Forecast of Oil-demand Growth for 2024, 2025

Seeking Alpha21:23

OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay

WSJ20:45