Trump: Will "fill up" the USA Strategic Petroleum Reserve.
In his inaugural speech at the Capitol on Monday, Trump vowed to "lower prices, refill the US strategic petroleum reserve, and export US Energy globally."
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Oil Holds Decline as Market Braces for Trump's Executive Orders
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Oil Edges Lower Ahead of Trump's Inauguration -- Market Talk
What executive orders will Trump sign on his first day in office? They involve immigration, Energy, and government efficiency, among other topics...
On his first day in office, Trump will issue nearly a hundred executive orders, focusing on immigration issues, including initiating a "national emergency" at the border. Trump plans to reduce or eliminate job protections for federal employees and officially outline the role and authority of the "Department of Efficiency". Trump is expected to ease regulations and land restrictions on the NENGYUANHANGYE, repeal Biden's energy policies, and may possibly withdraw from the Paris Agreement again.
Concerns over supply drove Brent crude oil to a cumulative increase last week, with Deutsche Bank looking to raise the forecast to 90 dollars.
Concerns about the USA's latest sanctions on Russia leading to supply disruptions, as well as strong winter demand for heating fuels, caused Crude Oil Product Futures to rise last week.
Trump is here! Oil market traders have already placed their "heavy bets."
The impact of Trump's policies may bring uncertainty to the oil market, rather than a clear path to lower or stable prices.
Oil Steady Ahead Of Trump's Inauguration As Market Braces For Uncertainty
Trump is planning a large-scale oil sanctions program while suppressing the three countries of Russia, Iran, and Venezuela.
Global oil prices may face drastic changes, as traders are adjusting their positions during the last moments before Trump's inauguration.
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It is reported that Trump plans to impose sanctions on Russia, Iran, and Venezuela, which may lead to a significant change in Global oil prices.
According to informed sources, advisors to the USA's elected president Trump are formulating a comprehensive sanctions plan to encourage Russia and Ukraine to reach a diplomatic agreement in the coming months while also applying pressure on Iran and Venezuela.
YPF Sociedad Anónima Announces the Expiration of Its Tender Offer for Any and All of Its Outstanding 8.500% Senior Notes Due July 2025
IEA and OPEC Oil Market Reports Are Out – ING
Oil: US Crude Stocks Fall – ING