💨 Abstract

Oil prices held steady on Thursday following a sell-off triggered by the U.S. presidential election. A stronger dollar and lower crude imports in China countered supply risks from a Trump presidency and output cuts due to Hurricane Rafael. Trump's policies are expected to support overall economic growth and increase fuel demand, but could face challenges if he interferes with the Fed's easing policies.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖