Trump will implement significant reforms and introduce an "Energy-dominance" executive order after taking office.
Trump is preparing a series of executive orders, and the policies regarding fossil fuels and electric Autos in the USA will undergo significant changes.
Concerns over sanctions combined with a decline in USA oil inventories have caused US oil prices to rebound, while Brent crude returns to above $80.
After experiencing the largest decline in over a month, oil prices rose slightly due to the continued impact of USA's sanctions on Russian oil exports, and an Industry report indicated a decrease in USA oil inventories.
U.S. Forecasts Sliding Oil Prices -- Barrons.com
CPI Data, Oil Inventories Take Center Stage Wednesday
Crude Oil Is in a Downtrend Resistance and the Most Overbought Since 2023
Oil Prices Pull Back After Rising to Their Highest Since August on Russia Sanctions