Goldman Sachs Stays On The Sidelines On Exxon Mobil - Here's Why

Benzinga03:38

The "Understanding King" is online! Trump speaks intensively at Davos, claiming to understand interest rates better than Powell, discussing tariffs and oil prices.

Trump stated that companies not producing in the USA face tariffs of "hundreds of billions or even trillions of dollars". If produced in the USA, they can enjoy a reduction of corporate tax to 15%. The tariffs in Europe are too high, the regulations are too strict, and the trade deficit with the USA is too large, which will lead to measures being taken to ensure that the USA supplies Energy to Europe. Trump called on OPEC to "lower oil costs", stating that this would pressure Russia to end the Russia-Ukraine conflict, and demanded that the Saudi Crown Prince increase the promised investment in the USA to 1 trillion dollars. He also mentioned that he would "demand an immediate decrease in interest rates" and plans to have a conversation with Powell at an appropriate time.

wallstreetcnJan 24 07:19

Gold remains at a high level, and the decline in oil prices seems unstoppable: how does the market interpret the Trump effect?

Has the rise of Gold slowed down due to a technical correction or a fundamental turning point? Oil prices have fallen for five consecutive days, and the market is waiting for further guidance on Trump's policies...

Golden10 DataJan 23 15:16

Oil Prices Dip Amid Tariff Threats And Russian Sanctions

Business TodayJan 23 07:30

An article to understand one of the top priorities after Trump took office: filling the Strategic Crude Oil Product Reserve.

Why has Trump promised to replenish the USA's Strategic Crude Oil Product Reserve?

Zhitong FinanceJan 22 21:31

Oil Prices May Move on Trump Administration's Policies in Near Term -- Market Talk

WSJJan 22 15:47