Dow Jones Top Energy Headlines at 4 AM ET: Oil May Trend Lower, Though Geopolitical Risks Remain | Trump ...
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Oil prices may trend lower this year due to strong supply, despite ongoing geopolitical risks, according to Goldman Sachs. President Trump expressed discontent with ExxonMobil's CEO regarding investments in Venezuela, which he deems 'uninvestable.' The U.S. Coast Guard has seized a sanctioned tanker near Venezuela as part of efforts to control its oil output. Additionally, Shell has warned of weak oil-trading performance affecting earnings, while Bloom Energy's stock rose following a significant fuel cell deal with American Electric Power.
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