Related Articles
Forward article link
Share PDF with colleagues

Oil markets shrug at Trump election win

While equity markets around the globe were rattled by the news of a Trump win, crude futures were unfazed

Donald Trump's election as the 45th US President was a surprise victory, after polls forecast a tight, yet certain win for Hillary Clinton. By the time equity markets opened in London, Trump had won majority support in key states including Florida, Iowa, Ohio and North Carolina. At this stage it became clear that the next leader of the free world would be a Republican. By around 9am UK time, while the 131m votes cast were still being counted, Trump had won almost 280 electoral college votes out of a total of 538 (Clinton had just 218) and the Republican party had retained control of the US senate. Equity markets reacted immediately, slumping in Asia and Europe as traders began to digest t

Also in this section
Canada: Trump OK is not the end of the line for Keystone XL
28 March 2017
The challenges are not over for the pipeline which will run from Alberta to the Gulf Coast
Oil and gas in the new world order
22 March 2017
Geopolitical risks are changing and rising. The energy sector will be in the crosshairs
Slow reset of US-Russian relations
20 March 2017
Trump and Tillerson should help improve US-Russia relations. But an end to sanctions doesn't look imminent