Mumbai, 20 Jan (Commoditiescontrol):U.S. President Donald Trump’s announcement to declare a national energy emergency and expand oil and gas production has positioned the guar gum market for potential growth. Guar gum, a critical component in hydraulic fracturing (fracking), could see increased demand as Trump’s policies aim to accelerate U.S. shale exploration by fast-tracking energy projects and prioritizing Alaska’s development for LNG exports.
Oil prices declined on Monday, with Brent crude falling 0.8% to $80.15 per barrel and WTI slipping 1.7% to $76.58. Short-term price pressures and market uncertainty may temporarily curb drilling activity, creating near-term volatility for guar gum demand. However, the long-term outlook remains bullish, particularly for Indian exporters, as the U.S. ramps up energy production and global energy exports.
Geopolitical factors, including easing tensions in the Middle East and potential U.S.-Russia dialogue on Ukraine and nuclear disarmament, add complexity to the market. As Trump’s trade and currency policies take shape, guar gum exporters face both opportunities and challenges in navigating shifting global energy dynamics.
(By Commoditiescontrol Bureau; +91-9820130172)
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