If Trump is elected, will it be bullish for the energy industry and push up oil prices? History shows: quite the opposite.

According to statistics since 1933, during the 52 years when Democrats took over the White House, the S&P Energy Index rose 2,800 times, while during the 40 years of Republican presidential rule, the index only rose 10 times. A similar conclusion can be drawn from recent history: during Trump's four-year presidency, the S&P 500 Energy Index fell by 40%, while during Biden's presidency it rose by about 96%.

wallstreetcn18:26 ET

ConocoPhillips (COP) Laps the Stock Market: Here's Why

Yahoo Finance18:00 ET

ConocoPhillips to Focus on Operational Stability Amid Rising Commodity Price Volatility, RBC Says

MT Newswires15:29 ET

Crude-Oil Futures End Week With Small Gains -- Market Talk

WSJ15:20 ET

Analyst Expectations For ConocoPhillips's Future

BenzingaSep 13 10:00 ET

Macquarie: The global oil market is expected to face "severe oversupply" by 2025.

According to the McKinsey supply and demand equilibrium forecast, the oil market will face a serious supply surplus in the next five quarters, triggering a situation similar to a 'price war', and oil prices may fall to around $50 per barrel.

wallstreetcnSep 13 09:50 ET