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President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.
Goldman Sachs analysts said U.S. President Donald Trump prefers oil prices to hover between $40 and $50 a barrel, based on a review of hundreds of his social media posts. In a report authored by Daan Struyven and others,
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of fuel production pushed by the Saudi leaders greeting him during his Mideast trip this week.
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essanews.com on MSNTrump's oil price push: WTI dips as tensions with Iran riseOn the New York fuel exchange, oil prices are falling following a series of increases. These rates are influenced by decisions made by U.S. President Donald Trump. According to the investment bank Goldman Sachs,
The analysts concluded that Trump appears to prefer West Texas Intermediate oil in the $40 to $50 a barrel range — well under today's $63 a barrel.
Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix,
Since he returned to the Oval Office, the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see chart 1). Some also speculate that Mr Trump’s noisy demands for a lower price contributed to a recent decision by the OPEC cartel to boost production,
In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
The two 747-200s that serve as the American president’s command center in the sky are more than 30 years are old and were meant to be phased out of service years ago.