When peak Chinese oil demand meets ‘drill, baby, drill’

Quick Summary:

It is hard to see how those efforts can succeed without a vast global shift to electric power from green sources.

Tougher US moves to restrict Iranian exports, in line with Trump’s first-term approach, could take hundreds of thousands of barrels a day more off the market.

It symbolises his intention to remove the regulatory controls and environmental, social and governance investment principles that have constrained the industry in recent years, and his repudiation of efforts to curb climate change.

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Article Details

Author / Journalist: The editorial board

Category: MarketsFinanceInvesting

Markets: United StatesChinaSaudi ArabiaUkraine

Topics: Demand Financial Boost Trump’s World’s Prices Energy Trump Production President Green

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 18:54:28 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 729 words

Reading Time: 5 minutes read

Sentences: 30 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 25378466

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 7 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #3

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