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Home Stocks And Finance

Biden expected to halt additional offshore oil drilling before Trump’s administration ends

January 3, 2025
in Stocks And Finance
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Crude Oil Rises Amid Hopes of Fed Rate Cut, Overcoming Demand Concerns (NYSEARCA:USO)
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Jan. 02, 2025 7:25 PM ET
United States Oil Fund, LP ETF (USO), CL1:COM

UCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM


By: Carl Surran, SA News Editor


SlavkoSereda/iStock via Getty Images

Crude oil futures began the new year with solid gains Thursday, helped by optimism for a potential recovery in China’s economy and fuel demand after a pledge by President Xi Jinping to further stimulate growth.

Xi said in his New



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Tags: additionalAdministrationBidendrillingEndsExpectedHaltoffshoreOilTrumps
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