Biden said poised to block more offshore oil drilling before Trump takes over

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Jan. 02, 2025 7:25 PM ETUnited States Oil Fund, LP ETF (USO), CL1:COMUCO, DBO, UNG, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COMBy: Carl Surran, SA News Editor
Data analyzing in commodities energy market: the charts and quotes on display. US WTI crude oil price analysis. Stunning price drop for the last 20 years.

SlavkoSereda/iStock via Getty Images

Crude oil futures began the new year with solid gains Thursday, helped by optimism for a potential recovery in China’s economy and fuel demand after a pledge by President Xi Jinping to further stimulate growth.

Xi said in his New

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