Trump wants oil prices to be forced down. It makes me wonder if they’ll cut production.
Price is up because supply is down
Supply is down because Iran is selling less
Iran is selling less because Trump withdrew from the Iran agreement and threatened any nations/companies that did business with Iran.
Now Trump wants other countries to make-up for his short sightedness.
This is what happens when you put a simpleton in the White House.
US oil companies are just coming out of the downturn. If OPEC raises production, it won’t be good.
And you’d assume a sharp thinking president would know that.
