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[rtl]Editorial Date: 2018/11/13 10:09 • 126 times read[/rtl]
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International oil prices fell on Tuesday, under pressure from US President Donald Trump, to the Organization of the Petroleum Exporting Countries (OPEC) so as not to cut supplies to support prices.
London Brent crude futures were down 65 cents at $ 69.47 a barrel, while US WTI futures fell 78 cents a barrel to $ 59.15 a barrel.
Saudi Energy Minister Khalid al-Falih said on Monday that OPEC was considering cutting supplies next year, but demand was low, but Trump did not appreciate the rhetoric from Saudi Arabia, the US political ally.
"We hope Saudi Arabia and OPEC will not cut production," Trump said in a tweet on Twitter. "Oil prices have to be much lower based on supplies."
http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=179828
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Oil is falling because of Trump
[/rtl][rtl]Editorial Date: 2018/11/13 10:09 • 126 times read[/rtl]
International oil prices fell on Tuesday, under pressure from US President Donald Trump, to the Organization of the Petroleum Exporting Countries (OPEC) so as not to cut supplies to support prices.
London Brent crude futures were down 65 cents at $ 69.47 a barrel, while US WTI futures fell 78 cents a barrel to $ 59.15 a barrel.
Saudi Energy Minister Khalid al-Falih said on Monday that OPEC was considering cutting supplies next year, but demand was low, but Trump did not appreciate the rhetoric from Saudi Arabia, the US political ally.
"We hope Saudi Arabia and OPEC will not cut production," Trump said in a tweet on Twitter. "Oil prices have to be much lower based on supplies."
http://alforatnews.com/modules/news/article.php?storytopic=37&storyid=179828
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