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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
OIL
With the US election looking certain to be a match up between Kamala Harris and Donald Trump, the outcome in November will likely be felt in energy policy.
- Trump’s pro-oil and anti-EV stance could reshape the energy landscape, Kpler said.
- A Trump win could boost domestic production and tighten Iran policies, supporting oil prices, the ship-tracking firm added.
- Trump may increase drilling leases and tax incentives, but the industry needs higher oil prices for the necessary new investment. Yet, the impact on production would be small given US production is currently at record levels.
- A tougher stance on Iran could cut global supply by around 200k b/d in H2 2024, but this would counter the US’ aim of keeping domestic gasoline prices in check.
- On the other hand, a Harris win may see a tougher stance to the oil industry with stronger climate and social policies, Kpler added.
Source: Kpler
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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