Oil Market Turns Volatile Figuring Out Trump Trade -- Market Talk
Shell Advances Share Buy-Back Strategy for 2024
US Total Crude Oil Stocks Rise in Week Ended Nov. 1
Analyst: The prospect of a stronger dollar and increased drilling activity is putting pressure on oil prices.
November 6th, Guronghui | StoneX's Fawad Razaqzada stated in a report that the possibility of increased drilling activity after Trump became president may lead to an increase in US oil production, while the strengthening US dollar and the prospect of tariffs that could harm demand have brought downward pressure on oil futures. "So far, there is limited downside potential, but oil prices are more likely to test recent lows."
[Real-time Tracking of the Election] Trump officially wins the usa election.
On November 5th, USA will hold the 60th presidential election, the current vice president Harris and former president Trump will officially compete. Finance Associated Press will track and report the latest developments of this election, so please stay tuned.
Dollar Surges Against Pound as Trump Claims Victory in US Elections