Positive.

From Investing.com: 2024-11-27 09:55:00

This year has brought some positive developments in the Energy Report world, including a ceasefire agreement between Israel and Hezbollah. There is optimism that the new President will bring common sense energy policies to the US. President Trump has threatened tariffs on products from Mexico and Canada, but actions are being taken to avoid this. Oil prices received a boost after a significant drop in crude supplies reported by the API. Gasoline inventories rose ahead of Thanksgiving, but the outlook remains bullish. OPEC is in negotiations to extend production cuts, with potential consequences for the market. Fox Weather Channel warns of a powerful winter storm impacting Thanksgiving travel plans across the US.



Read more at Investing.com: The Energy Report: Thankful | Investing.com