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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60 bucks a barrel to make shale profitable.
MSNBC said it. Look it up.
Oh so high oil prices means more crime low oil prices means China bricks of gold not Africa Gold and blood and guts
Jail, life in jail, kill a cop and remain at large, kill a cop and nobody knows about it, live good, I'm a Man there is nothing u can take from me or my people I am the original Arab nothing can compare you will see Simba you will see light
I'm the middle East I don't need protection I'm a man I have no flaws
What about the real Arabs
Donald Trump is destroying the world
What is this
Answer is yes 😉
threre are no opec monopoly when you are the biggest oil producer.
flip flapper