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.
Crude Futures Resume Rally After Pullback -- Market Talk
Is Occidental Petroleum Corporation's (NYSE:OXY) Latest Stock Performance A Reflection Of Its Financial Health?
Oil Price Rises at the Start of the Year – Commerzbank
Trade routes are being reshuffled, Global Crude Oil Product exports are declining! Who is the winner?
The global oil trade map is being redrawn, uncertainty and volatility have become the new normal, and 2019 was the last "normal" year...
Oil Rally Stalls as European Gas Prices Weaken Amid Shifting Market Dynamics
Preparing for "Trump 2.0"? Hedge funds are increasing their Call on oil prices.
Bull positions in Crude Oil have increased by 41% over the past three weeks, with net long positions reaching the highest level since August of last year. For traders more focused on fundamentals, Trump's tough stance on Iran has made them reluctant to short; Trump's potential tariff policies raise inflation concerns, which has also prompted traders to hedge risks by going long on oil.
Energy Down as Oil Snaps Winning Streak -- Energy Roundup
U.S. Natural Gas Rebounds as Lasting Cold Weather Seen -- Market Talk
High Quality Cyclical Stocks According to Morgan Stanley
Take Warren Buffett's Advice: Don't Buy Any Stock in 2025 Unless It Passes This Test
As Warren Buffett And Other Billionaires Load Up On Energy Stocks, This Analyst Highlights Charlie Munger's 1962 Oil Investment Which Can 'Outperform All The Rest'
Occidental Petroleum: Risky Despite Buffett's Support
Oil Extends Strong Start to 2025 on Signs of Strong Demand for Mideast Crude
Barclays Maintains Occidental Petroleum(OXY.US) With Hold Rating, Maintains Target Price $58
Oil Prices Steady Near Two-Month High Amid Market Optimism
S&P 500 Energy Ends 2024 With a Slim Gain; 2025 Outlook Gloomy
Buy, buy, buy! The "Oracle of Omaha" Buffett is frequently increasing his holdings in VeriSign!
Recently, VeriSign's stock price has continued to rise. Since the disclosure of Buffett's increased holdings on December 19 of last year, it has increased by about 7.6% over 10 Trade days.
Oil prices have risen for five consecutive times, Energy stocks lead the rise in U.S. stocks. What is the market anticipating?
The rise in oil prices is mainly due to the market's expectation of the Trump administration's upcoming sanctions against Iran, Venezuela, and Russia, which will lead to a reduction in Global Crude Oil Product supply, causing Energy Stocks to strengthen and become the stocks with the largest increase this week.
Goldman Sachs: It is expected that Iran's oil supply will decline before Q2, with Brent crude oil projected to reach $78 in June.
Goldman Sachs predicts that Iran's Crude Oil Product production will slightly decrease on Friday.