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US elections: Global energy outlook expected to shift if Trump returns to WH
Updated On: 07 November, 2024 02:39 PM IST | New Delhi | mid-day online correspondent
Trump's influence on the energy sector could lead to lower crude prices, though external factors will play a significant role. Around 11:40 am on Thursday, Brent Crude prices had surged 0.65 per cent to $75.41 per barrel
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Donald Trump with son Barron Trump (left) and wife Melania Trump at the election night watch party on Wednesday. (Pic/PTI)
Donald Trump's victory in the US presidential election could significantly impact the global energy outlook, reported news agency ANI.
Trump, known for his advocacy of domestic energy independence, is expected to boost US oil and natural gas production, potentially exerting downward pressure on global crude oil prices.
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