Latest in Trump’s Oil
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Money from oil execs flows to Trump
{beacon} Energy & Environment Energy & Environment The Big Story Oil and gas tycoons open wallets for Trump The executives made significant contributions supporting former President Trump's ...Politics - The Hill - October 31 -
Oil bigwigs open wallets for Trump after billion-dollar request
Oil and gas tycoons made significant contributions to the Trump campaign after the former president asked the industry for $1 billion to support his reelection bid — and reportedly said it would be ...Politics - The Hill - October 31 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
Trump expected to roll back environmental protections, boost oil and gas
Former President Trump’s electoral victory will likely mean a significant shift in U.S. energy and environmental policy. His return to the White House next year is expected to lead to a rollback of ...Politics - The Hill - November 6 -
Oil prices end higher as traders weigh potential Trump policies
Oil futures finished higher on Thursday, recouping their losses from a day earlier and then some, as traders continued to tackle uncertainty surrounding incoming U.S. President Donald Trump’s ...Business - MarketWatch - November 7 -
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 -
Odour of oil and return of Trump hang heavy over Cop29 in Baku
Prospects of strong outcome appear dim but there is hope the talks will address pressing issue of climate finance. More than 100 heads of state and government are expected to land in Baku, the ...World - The Guardian - November 8 -
US oil industry eagerly awaits Donald Trump’s deregulatory push
Despite president-elect’s promises, production is unlikely to surge as Wall Street demands returns over growthBusiness - Financial Times - November 10 -
Trump energy allies anticipate boom times for oil, gas, mining
Former President Trump’s election victory has sent a jolt of enthusiasm through the fossil fuel and mining industries as they anticipate a favorable regulatory environment under his incoming ...Politics - The Hill - November 12 -
CEO Chris Wright named by Trump as energy secretary pick
President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy.Top stories - NBC News - November 16 -
Oil boss Chris Wright named as Donald Trump’s energy secretary
Liberty Energy CEO set to lead administration’s drive to loosen restrictions on the fossil fuel industryWorld - Financial Times - November 17 -
Trump picks oil and gas executive Chris Wright for energy secretary
President-elect Donald Trump has chosen Chris Wright, CEO of Liberty Energy and a vocal advocate of oil and gas development, to be his energy secretary. CBS News political correspondent Caitlin ...Top stories - CBS News - November 18 -
How oil ‘wildcatters’ ended up in charge of Trump’s energy policy
Shale barons are jubilant about the Republican’s plan for US ‘energy dominance’. Climate campaigners are notBusiness - Financial Times - November 20 -
Steve Witkoff, Trump’s Middle East Envoy, Has Ties to Oil-Rich Nations
Steve Witkoff’s involvement with two sovereign wealth funds as he bought and then sold Manhattan’s Park Lane Hotel demonstrates the potential conflicts his new role will present.Top stories - The New York Times - Yesterday -
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 -
Oil Interests Gave More Than $75 Million to Trump PACs, New Analysis Shows
Oil moguls are big donors to Donald Trump. But so are engineering firms, hedge fund managers, shipbuilders and others that profit from fossil fuels.Business - The New York Times - November 1 -
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 -
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 -
Trump picks oil and gas industry CEO Chris Wright as next energy secretary
Oilfield services exec denies climate crisis and is expected to support Trump’s plan to maximize oil and gas production. Donald Trump said on Saturday that Chris Wright, an oil and gas industry ...World - The Guardian - November 16 -
U.S. oil prices score a more than 6% weekly gain on supply risks tied to the Russia-Ukraine war
Oil futures settled higher on Friday, with the U.S. crude benchmark up by more than 6% for the week as traders monitor escalating tensions between Ukraine and Russia, which is among the world’s ...Business - MarketWatch - 4 days ago -
Trump tariffs on Canada would push up US petrol prices, say oil producers
President-elect’s threat could add 25% to the cost of crude from US’s biggest foreign supplierWorld - Financial Times - Yesterday -
Oil watchers say inflation risks will stave off Trump's Canada tariff threat
Higher fuel prices are on the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts.Business - CNBC - 9 hours ago -
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 -
Offshore oil is back. At what cost?
Years after one of the worst spills in history, companies in search of new discoveries are drilling even deeper into the seabedBusiness - Financial Times - November 18 -
Exxon and Chevron Feel Brunt of Cheaper Oil
The oil giants posted lower third-quarter profits as energy prices sank and fuel-making margins narrowed.Business - The Wall Street Journal - November 1 -
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 -
Opec+ members delay planned rise in oil production
Cartel to leave output curbs in place an extra month in effort to boost anaemic crude pricesBusiness - Financial Times - November 3 -
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 -
Saudi Aramco Profit Falls on Oil-Price Weakness
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.Business - The Wall Street Journal - November 5 -
Explosion at Turkish oil refinery injures 12
An explosion at an oil refinery in northwestern Turkey has slightly injured 12 employees and a fire at the facility has been brought under controlWorld - ABC News - November 5 -
Oil ends down on the day, up for the week on conflicting supply-demand prospects
Oil futures finished lower on Friday, with China’s latest round of stimulus measures failing to lift expectations for energy demand in the face of President-elect Donald Trump’s support for more ...Business - MarketWatch - November 8 -
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'Dying of thirst' as climate-driven floods mix with oil
With swathes of South Sudan submerged, a whistleblower warns water sources are being polluted by oil.Top stories - BBC News - November 11
