Oil prices steady as investors debate Trump 2.0 policies
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Oil prices remained stable as investors considered the implications of President Trump's declaration of a national energy emergency on his first day in office, which could affect oil supply.
January 22, 2025 | 2:00 am
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The United States Brent Oil Fund (BNO) may experience price stability as oil prices remain unchanged following President Trump's national energy emergency declaration.
BNO, which tracks Brent oil prices, is likely to see stability in its price as the overall oil market remains unchanged. The declaration of a national energy emergency by President Trump could have future implications, but immediate effects on supply and prices are not evident.
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