President Trump Thanks Saudi Arabia For Lower Oil Prices

[pinto + 293]

US President Donald Trump praised Saudi Arabia for helping to reduce oil prices and ramped up pressure on the kingdom to maintain the decline, even as talks have gathered pace among producer nations to enact new production curbs. “Oil prices getting lower. Great! Like a big Tax Cut for America and the World,” Mr Trump tweeted on Wednesday, suggesting a recent drop in crude would help big consumer countries such as the US by lowering fuel prices. “Thank you to Saudi Arabia, but let’s go lower!,” he added. According to Finanncial Times, there are questions among energy sector analysts of how the US’s show of support for the kingdom, as it handles its biggest crisis with the West since the September 11 attacks following the killing of journalist Jamal Khashoggi, could influence its oil policy going forward. The tweet comes a day after Mr Trump reaffirmed his support for Saudi Arabia amid the fallout from the Khashoggi killing. In an unusual statement, the president noted that Saudi Arabia had been “responsive” to his requests for “keeping oil prices at reasonable levels” — a statement that appeared to have an immediate effect in the oil market, where the price of crude accelerated its decline. Earlier this year the US called on Opec to unleash more barrels on to the market to compensate for any losses from Iran as it prepared to reimpose sanctions on Teheran’s oil industry.

[PavelP + 15]

oil and blood.....

[ThunderBlade + 231]

Money over humanity. Is this a way the world's going?

[50 shades of black + 254]

So, "my" natural order : humans, rights and democracy then money.... lower gas prices over human life? Btw. Canada is the US's biggest supplier of imported oil at 40%, compared to 11% from S.A

[Guillaume Albasini + 851]

This year for Thanksgiving Trump pardons two turkeys and a Saudi crown prince.