Trump de­clares oil prices too high, blames OPEC for cut­ting sup­ply

USA TODAY US Edition - - NEWS -

Pres­i­dent Don­ald Trump said Wed­nes­day oil prices are too high and blamed a coali­tion of coun­tries that con­trol a sig­nif­i­cant por­tion of the world’s sup­ply of crude petroleum.

Trump tweeted Wed­nes­day: “Oil prices are too high, OPEC is at it again. Not good!” OPEC is the Or­ga­ni­za­tion of Petroleum Ex­port­ing Coun­tries, a group of 14 oil-pro­duc­ing na­tions that had agreed to tighten sup­ply to shore up crude prices. OPEC is ex­pected to meet again later this month.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.