Trump presses OPEC to reduce oil prices as Brent nears USD 80

The oil price retreated as US President Donald Trump again criticized OPEC in a tweet, saying that the cartel "must get prices down now!" Brent crude prices almost reached USD 80 per barrel this week.

by Samuel Robinson, bloomberg

Oil retreated after US President Donald Trump resumed his criticism of OPEC, saying on Twitter that the cartel "must get prices down now!" as the global benchmark crude flirted with USD 80-a-barrel earlier this week.

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