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Oil Prices Start the Week Lower Following Trump’s Calls for More Production

Oil Prices Start the Week Lower Following Trump’s Calls for More Production

Crude oil prices started the week slightly lower after President Trump called on OPEC to boost production and reduce prices as a way of bringing the Ukraine war to an end. “One way to stop it quickly is for OPEC to stop making so much money and drop the price of oil … That war will stop right away,” Trump said on Friday, adding the threat of tariffs and sanctions for Russia and “other participating countries”. “If we don’t make a ‘deal,’ and soon, I have no other choice but to put high levels of Taxes, Tariffs, and…

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