US Oil Imports Set for Multidecade Low in 2025: Who Benefits?
ConocoPhillips(COP) ZACKS·2024-12-11 15:40
As 2025 approaches, investors are eager to understand the prospects for energy companies under President-elect Donald Trump’s leadership. His proposed tariffs on imports from major suppliers like Canada and Mexico could disrupt the flow of crude oil into the United States. Meanwhile, with refinery demand expected to decrease next year alongside rising crude production, oil imports are likely to decline. Let’s explore how these developments might impact energy companies.US Oil Import to Slide Next Year: Here ...