Which Oil Companies Stand to Benefit Most From a Trump Presidency

With the US Presidential election more than a week behind us and, with Republicans controlling the Senate and House as well as the White House, the so-called 'Trump trade' is well underway. One might expect that a large part of that would be a bullish move in US oil stocks but, while that has happened to some extent, the exuberance of the market has been tempered by the fact that crude has been mired below $70, close to its 52-week lows.

In fact, one could argue that the combination of increased US supply and tariffs that will raise the specter of retaliatory restrictions on American businesses overseas will make the next four years extremely challenging for those with extensive overseas holdings. The obvious first task for investors, therefore, is to look at which companies are more focused on US reserves than foreign. The latest survey of US reserves was released in August, and the numbers might surprise some people.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK made legal error in granting oil and gas licences, companies will admitRosebank and Jackdaw projects to be scrutinised in key case for future offshore fossil fuel projects
Source: ftenergy - 🏆 47. / 63 Read more »

How oil and gas companies disguise their methane emissionsFT analysis shows that firms regularly hide leakages of the deadly greenhouse gas — despite this being one of the easiest climate fixes there is
Source: FT - 🏆 113. / 51 Read more »

Germany Blocks Oil Companies From Using Past Emissions CreditsThe German cabinet has approved reforms that will restrict oil companies from carrying excess emissions reduction credits forward
Source: OilandEnergy - 🏆 34. / 68 Read more »

Oil, Gas Companies Set To Spend More in 2025WoodMackenzie Investments in oil and gas among the 23 biggest producers in the world are set to climb by over 60% by next year.
Source: OilandEnergy - 🏆 34. / 68 Read more »

Oil Market News Oil Prices Jump as OPEC Delays Output HikeOil prices jumped in early trading on Monday as OPEC delayed its planned production hikes yet again.
Source: OilandEnergy - 🏆 34. / 68 Read more »