Trump pick for energy czar could throw a large hand grenade into fuel prices: Peter McGuire
XM Australia CEO, Peter McGuire, cautions traders to brace for market volatility in the coming months, citing potential impacts of US-China trade tensions and President Trump’s energy policies. McGuire suggests Brent crude prices could drop as low as $65 if geopolitical factors remain stable, driven by Trump’s pro-fossil fuel agenda and the appointment of Chris Wright as energy secretary.