10.11.2016 - Trump win could signal return of oil price volatility
A Donald Trump presidency could mean the return of a risk premium for oil prices, said Tim Pickering, founder and chief investment officer of trading firm Auspice Capital advisors. During his campaign, Trump cast himself as fossil-fuel friendly. He’s talked about increasing oil and gas production in the United States, reducing dependence on Middle East oil, and approving the Keystone XL pipeline from Alberta to refineries in the U.S. gulf. But he’s provided few details, which could lift oil prices because of the potential for dramatic changes, Calgary-based Pickering said.............................................Full Article: Source
Print