Trump’s Oil Drilling Plans May Pose A Big Problem for Opec

Trump’s oil-drilling plans may pose a big problem for OPEC+

OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump’s ...

Business - MarketWatch - 22 hours ago

Trump’s ‘drill, baby, drill’ pledge may be a win-win for drivers and oil producers alike

President-elect Donald Trump’s pro-energy policies don’t seem all that supportive for the oil market — at first glance.

Business - MarketWatch - November 14

Opec+ members delay planned rise in oil production

Cartel to leave output curbs in place an extra month in effort to boost anaemic crude prices

Business - Financial Times - November 3

More Iran sanctions and 'drill baby, drill': Oil market's future is still uncertain under Trump

The picture for the oil market's longer-term outlook under a new Trump presidency is, well, decidedly mixed.

Business - CNBC - November 6

OPEC extends oil output cuts

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Politics - The Hill - November 4

Why Trump’s ‘drill, baby, drill’ pledge may not actually lower US gas prices

Despite president-elect’s vow, energy companies focus on managing resources to be profitable, not pumping more oil. At the Republican national convention in July, Donald Trump pledged to cut ...

World - The Guardian - November 19

For Biden Officials, Lebanon May Be a Problem Too Big to Solve

Despite hopes that political shifts in Beirut could bring lasting peace to the Israel-Lebanon border, the United States may have to settle for a quicker fix.

World - The New York Times - November 6

How Trump's plan to expand drilling, logging on federal land could be thwarted

President-elect Donald Trump has ambitious goals for utilizing U.S. federal lands for extraction of oil and other resources.

Long-term effects of Trump's plans for more U.S. drilling

President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental ...

Erdoğan has big plans, but the Kurdish problem keeps getting in the way

Turkey hopes to exploit recent setbacks for Iran but an armed attack near Ankara has thrown a question mark over his plans

World - Financial Times - October 30

With Oil Prices Weak, OPEC Plus Postpones Increases Again

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.

Business - The New York Times - November 4

Oil Jumps as OPEC+ Further Delays Output Hike

Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.

World - The Wall Street Journal - November 4

Tough votes on Trump Cabinet picks could pose big risks for midterm Senate candidates

Lawmakers running for reelection loathe tough votes. And for senators up in purple states in two years, those tough votes are coming early.

Trump’s Energy Policies May Be a Mixed Bag for Oil Companies

The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.

Business - The New York Times - November 7

What will OPEC+ decide on oil output? Here’s why it’s complicated.

Developments in the Middle East have and worries about the prospects for global demand have fueled volatile trading in the oil market in recent weeks and that makes an upcoming decision by major ...

Business - MarketWatch - November 2

Oil prices make modest moves as attention turns to OPEC+ decision on crude production

Oil futures seesawed between modest gains and losses Wednesday after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle ...

Business - MarketWatch - 3 hours ago

Oil prices lifted by report Iran may be planning another major strike on Israel

Oil futures finished higher on Friday, finding support after a news report that Iran may be planning another major strike on Israel.

Business - MarketWatch - November 1

Watch: How big is the problem of people not working?

BBC Verify’s Ben Chu looks at the government’s plans to ‘Get Britain Working’

What Trump's 'drill, baby, drill' fracking agenda could look like

President-elect Donald Trump's second term could bring reform to energy permitting and increased fracking on federal lands.

Why Trump May Drop Plans to Repeal Biden’s Chips Act

The president-elect has a record of reversing policies from prior administrations, but there are many reasons he might spare Biden’s program to boost domestic semiconductor manufacturing.

Business - Inc. - November 7

Trump’s potential antitrust enforcers may keep Big Tech in their sights

Contenders for prime slots include a top aide to JD Vance and several former Department of Justice lawyers

Business - Financial Times - November 12

Oil prices end at highest in a week after OPEC+ delays output hike by another month

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...

Business - MarketWatch - November 4

'Too much doom and gloom': OPEC chief is bullish on oil demand despite extended production cuts

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

Business - CNBC - November 4

Oil prices post first gain in 3 sessions, but demand concerns prevail

Oil futures finished higher on Tuesday, recouping a small portion of back-to-back losses driven by worries about the prospects for demand, which contributed to a retreat in the U.S. benchmark below ...

Business - MarketWatch - November 12

Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say

Many market watchers predicted a bearish year ahead for crude.

Business - CNBC - November 13

Expanded geographic footprint has posed challenges for Big Ten teams

Lincoln Riley and the USC Trojans are just 2-5 in Big Ten play this season.

Sports - Yahoo Sports - November 14

Trump has big plans for 'day one' on immigration, energy and more

President-elect Trump is expected to get to work immediately upon taking office enacting major changes on immigration, energy and foreign policy. Trump late last year suggested he would not rule as ...

Politics - The Hill - November 6

Losing Chet is a big problem. The fix could be 'small'

Oklahoma City showed that it has a plan and a blueprint to play without rim protector Chet Holmgren. It might not always work that way, though.

Sports - Yahoo Sports - November 12

Haiti Has Big Problems and Few Solutions

A search for a solution to the crisis in Haiti is growing more urgent as gangs gain territory and thousands more flee their homes.

World - The New York Times - November 17

Thames Water lenders call for more backers for £1.5bn rescue cash – business live

Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...

World - The Guardian - November 4

There Will Always Be a Trump. That’s Only Part of the Problem.

The question is how to keep him — and those like him — in check.

Top stories - The New York Times - November 3

Here's what President-elect Trump's tariff plan may mean for your wallet

President-elect Donald Trump proposed sweeping new tariffs on the campaign trail that may raise prices for consumers and trigger job loss, economists said.

Business - CNBC - November 6

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - November 8

Why Wall Street may hold the ultimate veto power over Trump budget plans

Wall Street investors are bracing for a battle over Trump policies and plans that risk ballooning the U.S. debt load.

Business - MarketWatch - November 8

Small and 'chaotic' House Republican majority poses challenges for the new Trump era

Republicans win the House as well as the Senate, giving Donald Trump a clear path to pass legislation. But the small majority has struggled with unity and chaos.

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