Oil Prices Wobbly After Trump Victory

Oil Prices Wobbly After Trump Victory

November 7, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A victory for Donald Trump in the U.S. presidential contest was met by a volatile session for crude oil prices amid fears that his economic policies could usher in a trade war.

Trump and his fellow Republicans largely swept the board on Election Day in the United States, despite widespread polling indicating a tight contest against Vice President Kamala Harris. Voters presumably were more concerned about the economy and immigration than women's rights or worries over a right-wing government.

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