US Democratic presidential challenger Joe Biden’s clean energy plans put the spotlight on oil companies and stocks during Thursday’s final debate with President Donald Trump, even though crude oil futures fell very marginally after the statements.
The last debate ahead of the November 3 contest saw a restrained Trump and Biden discuss a range of topics, including the economy, the coronavirus pandemic and climate change.
Trump pounced on Biden’s comment that he “would transition from the oil industry”, asking voters in states where the oil industry is important to note his stance, while other Republicans also said Biden would kill millions of jobs.
US crude oil futures dipped 0.17 per cent to $40.58 a barrel, following a 1.5 per cent gain in the previous session.
