Top Dividend Yielding Energy Stocks to Watch as Oil Approaches a 3-month High
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.
Oil Extends Strong Start to 2025 on Signs of Strong Demand for Mideast Crude
WTI Hovers Near $73.50, Upside Seems Possible Due to a Potential Increase in Oil Demand
WTI Crude Gains Fifth Straight Day, Breaking Above December High
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.
Oil Opens New Year With Strong Gains on Optimism Over Economic Rebound in China
U.S. Oil Rig Count Down 1, Gas Rigs up 1 - Baker Hughes
Commodity Roundup: Gold, Oil Futures Set for Weekly Gain as Traders Brace for Trump Policies
WTI Crude Breaks Resistance, Eyes US$80 Next
Noon Crude Oil Analysis: USA crude oil inventories have declined for six consecutive weeks, can Brent Crude Oil prices reach new highs?
After the USA's Crude Oil Product inventories fell for the sixth consecutive week, Brent Crude Oil Futures traded in Asia's early session...
Oil Prices Inch Higher on China Stimulus Hopes; Set for 2nd Straight Weekly Gain
Weekly Crude Inventories Fall Less Than Expected
EIA Crude Oil Product inventories decreased by 1.178 million barrels month-on-month, a decrease lower than market expectations.
In the USA, commercial Crude Oil Product inventories excluding the Strategic Reserve decreased by 1.178 million barrels to 0.416 billion barrels, the lowest level since the week of September 20, 2024, with a decline of 0.28%.
Crude Inventory Down -1.2M Barrels for Week Ended Dec 27 - EIA
German Power Slips Below Zero as Negative-Price Phenomenon Grows
Commodity Roundup: Oil Rises to Start New Year, Russian Gas Exports to EU via Ukraine Halted
Oil Benchmarks Little Changed for 2024; Demand Concerns Dampen 2025 Price Outlook
Gold Trade, 2025 Oil Market Outlook: Catalysts
Oil 2025: A Tailwind for Trump as Wall Street Projects Lower Crude Prices