US Pres Trump: Asked if he would like OPEC+ nations to make more cuts, states we have already done that.
Key comments
- Oil producers need to do more by the market in terms of production cuts.
- Oil price drop is very short term, a lot of people got caught.
- Negative oil prices reflect financial, not oil situation.
- Calls oil plunge largely a financial squeeze.
- Will either ask permission from congress to buy oil or we will store it.
- We will look into idea to stop Saudi oil shipments.
More to come…
Share
