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Oil falls
Oil Prices Drop After Trump Victory
Oil prices fell as Donald Trump secured the presidency. Brent, the global benchmark for crude oil, fell nearly 2% to trade a little over $74 a barrel. West Texas Intermediate, the U.S. equivalent, also dropped.
What Trump’s victory could mean for oil companies and climate change policy
Trump’s plans have the potential to send fossil fuel companies’ profits soaring while threatening the world’s climate goals.
Oil falls as Trump victory pushes dollar higher
Oil prices fell about 3% on Wednesday as the U.S. dollar was set for its biggest one-day rise since March 2020 on Donald Trump's re-election as president. Investors believe a Trump presidency will bolster the dollar as interest rates may need to remain high to combat inflation resulting from any new tariffs and policies that may further pressure China's economy,
Oil Prices Lower
Oil Edges Higher as Investors Eye US Election, Tropical Storm
Oil edged higher as the tight US presidential election looms over global markets while a tropical storm threatens production from the Gulf of Mexico.
Oil Prices Lower as U.S. Election Results Trickle in
Oil prices were lower in early Asian trade as investors closely watched the U.S. election results. Overall, if Trump becomes president, his policies are likely to be neutral to slightly bullish for the oil market,
Oil prices edge up on Gulf of Mexico storm ahead of US election results
Oil prices edged up about 1% on Tuesday with a storm expected to cut U.S. output in the Gulf of Mexico and as the U.S. dollar weakened on Election Day with polls showing America's presidential race exceptionally close.
10h
Gas may dash Big Oil's Namibian dreams
International companies and the government of Namibia had high hopes only months ago they could quickly cash in on offshore ...
20h
on MSN
Oil Edges Lower as Traders Consider How Trump May Affect Market
Oil fluctuated as bets that Donald Trump’s election win will accelerate economic growth vied with bearish market data from ...
1d
Oil ends higher for a fifth straight session as traders await U.S. election results
Oil futures settled Tuesday with a fifth straight session gain as investors awaited the outcome of a contentious and close ...
17h
Marathon Oil beats Q3 profit estimates on higher production
U.S. shale producer Marathon Oil beat Wall Street estimates for third-quarter profit on Wednesday, helped by higher ...
36m
on MSN
Trump’s return may help oil and Elon Musk. Retail and unions, not so much.
When Donald Trump assumes the presidency in January, he will have a chance to implement an economic vision that could change things for many businesses.
21h
on MSN
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures turned higher in Wednesday dealings, with U.S. prices finding support after a brief drip below $70 a barrel as ...
1d
USO: Oil After Today's Election
U.S. election. We look at United States Oil Fund, LP ETF (USO) and how it may react in the current environment.
Markets Insider on MSN
1d
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% on an annual basis.
20h
From Oil to EVs, here’s how Donald Trump’s victory affects energy and climate policies
Donald Trump’s victory promises to shake up US energy and environmental policy, with sweeping implications for
oil
...
23h
Trump's White House win sends Dow up 1,500 points
Investors celebrated former President Trump's win to become the 47th president of the U.S., which will likely usher in ...
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