The US President is ramping up the pressure on OPEC to keep oil prices low.
Donald Trump tweeted before Sunday’s meeting: ‘We protect the countries of the Middle East, they would not be safe for very long without us, and yet they continue to push for higher and higher oil prices!’
Trump wants Saudi Arabia to boost output to make up for the fall in Iranian exports because of the reimposition of US sanctions.
More are due in November, which coincide with mid-term elections seen as a critical test of his popularity.
Low fuel prices at home will be welcome.
What will OPEC do?

Presenter: Hoda Abdel Hamid.

Guests:
Mikhail Krutihin – Oil and gas analyst, partner at RusEnergy Consulting Agency
Manouchehr Takin – Oil & energy consultant, former OPEC officer
Sami Hamdi – Middle East analyst, Editor of International Interest magazine

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10 COMMENTS

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