Oil investors are buying the dip

Oil investors are buying the dip

The NewsSpecialist investors aren’t spooked by a recent plunge in oil prices and oil-company shares, and think the US is still headed for more drilling as President Donald Trump chases an “energy dominance” agenda.Oil prices are at their lowest since the pandemic, hovering around $64 in the US, as Trump’s tariff crusade raises the likelihood of a global economic slowdown that would eat into oil demand. Meanwhile, as demand dries up, the global s…