Trump's OPEC Diplomacy - Promising or Not ?

[David.NEFT.COM + 1]

Any emerging consensus re. real potential for  Potus to swing oil markets by simply picking up the phone to say that - for instance - a 2mmbd cartel increase would be very much appreciated ?   (and,  would it work in the other direction whenever required..... ) .  Perhaps a few extra tweets might help do the trick .....   A shame that Rex isn't still around to help add a little  Industry gravitas .....

[Bhimsen Pachawry + 72]

40 minutes ago, David.NEFT.COM said:

Any emerging consensus re. real potential for  Potus to swing oil markets by simply picking up the phone to say that - for instance - a 2mmbd cartel increase would be very much appreciated ?   (and,  would it work in the other direction whenever required..... ) .  Perhaps a few extra tweets might help do the trick .....   A shame that Rex isn't still around to help add a little  Industry gravitas .....

Trump was able to convince KSA only because it was KSA which pressurised USA into sanctioning Iran. If USA impksed sanctions unilaterally, KSA would have asked Trump to get lost.