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Oil Prices Drop as Trump Says He Will Ask Saudi Arabia, OPEC to Cut Oil Price
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US President Donald Trump said at the World Economic Forum (WEF) that he would ask Saudi Arabia and Organization of the Petroleum Exporting Countries (OPEC) to lower the price of oil. If the price fell, the war between Russia and Ukraine would end immediately. As soon as the above speech was made, oil prices reversed their trend, with New York oil ebbing 0.8% to US$74.8, and Brent oil sliding 0.7% to US$78.45. AAStocks Financial News |
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