Oil companies that Trump wants to ‘drill, baby, drill' have taken a beating since he took office
1. U.S. crude prices have dropped over 20% since Trump's policies began. 2. Oilfield service firms are warning of reduced investment due to prices. 3. Executives report heightened uncertainty in the oil industry. 4. Lower prices push companies to rethink exploration and production budgets. 5. Trade tensions contribute to economic uncertainty and risk in oil supply.