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One thing President-elect Donald Trump can probably count on next year is falling oil prices, thanks to growing global supply. ... rose to $74.60 a barrel on Tuesday and US West Texas Intermediate ...
The mere anticipation of production going materially higher could cause oil prices to "fall at least 10% if not closer to 20%" to the $70 or high-$60s per barrel level, said the analyst.
Republican Presidential nominee former President Donald Trump dances as former first lady Melania Trump watches at the Palm Beach County Convention Center during an election night watch party ...
A person fishes with offshore oil and gas platform Esther in the distance on January 5, 2025 in Seal Beach, California. President Joe Biden has permanently banned future offshore oil and gas ...
Bob McNally, president of consultant Rapidan Energy Group, who served as an adviser to former President George W. Bush, told Bloomberg he believes domestic crude prices will likely remain high for ...
By Nichola Groom (Reuters) -The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying ...
President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore waters.
Trump, meanwhile, found himself constantly on the defensive and struggling to rebut Harris. President Joe Biden also came in for plenty of criticism, as did the now infamous Project 2025 by the ...