Oil Prices Drop Post Trump Election

12 Nov 2024 CW Team

Oil prices declined following the election of Donald Trump as the U.S. president, primarily due to a stronger dollar making crude oil more expensive for holders of other currencies. This shift impacted global oil markets, causing volatility amid investor uncertainty over future U.S. policies affecting energy, trade, and economic regulations. Analysts observed that Trump's election introduced unpredictability regarding U.S. oil production and regulatory frameworks, particularly given his focus on boosting domestic energy production and reducing reliance on foreign oil.

The dollar’s rise, prompted by investor interest in U.S. assets under potential Trump-driven economic growth, resulted in costlier oil imports for nations trading in other currencies. This currency effect contributed to the drop in crude prices, as a more expensive dollar often dampens international demand for dollar-denominated commodities like oil. Trump's energy policy focus on deregulation and encouragement of U.S. fossil fuel development raised expectations that American oil production might increase, potentially leading to supply surpluses and further pressuring prices.

Global markets showed mixed responses to Trump’s win, with energy companies experiencing shifts in stock values as investors adjusted to possible changes in trade and energy policy. The oil price drop underscores the interconnectedness of currency values, market sentiment, and energy pricing dynamics on the international stage.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..