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  • 27/07/2025 19:20 CBS canceling Colbert begs the question:
Trump’s Oil Plans Meet Market Glut in 2025
Home » Business » Markets » Trump’s Oil Plans Meet Market Glut in 2025

Trump’s Oil Plans Meet Market Glut in 2025

Jeanice Howe 30/12/2024 05:47

President-elect Donald Trump’s friendly oil policies could boost U.S. crude production beyond the currently estimated growth. However, Trump’s vow to “drill, baby, drill” and the promised deregulation in the oil and gas industry with faster permitting could hit a wall of continuously growing global supply. This higher production from non-OPEC+ producers is set to tilt

OilPrice
President-elect Donald Trump’s friendly oil policies could boost U.S. crude production beyond the currently estimated growth. However, Trump’s vow to “drill, baby, drill” and the promised deregulation in the oil and gas industry with faster permitting could hit a wall of continuously growing global supply. This higher production from non-OPEC+ producers is set to tilt the market into a large surplus in 2025…
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