November 13, 2024

Donald Trump’s victory to keep crude prices volatile

Crude prices have remained volatile following Donald Trump’s victory over Kamala Harris on 5 November, with downward pressure coming amid a stronger US dollar and uncertainty regarding tariffs on Chinese imports, which could spark a trade war and weigh on global crude demand.

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Donald Trump’s victory to keep crude prices volatileCargo ship docked at industrial port with red-covered containers and red ore piles, city skyline in the background.

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