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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.
Sector Update: Energy Stocks Advance Pre-Bell Wednesday
Daily short sale tracking: Walgreens Boots Alliance's short volume increased by 20 million, with a short sale ratio of 23%
Walgreens Boots Alliance(WBA.US) ranked top of the list had the largest change in short volume (20.84 million shares), and the short volume ratio of Ameren(AEE.US) reached 39.9%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
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.
OPEC Cuts Forecast of Oil-demand Growth for 2024, 2025
Express News | Exxon Mobil: The elected president of the USA, Trump, will bring a good outlook for the Oil & Gas Industry in the USA.