Reported 2 days ago
President Trump has expressed a desire for OPEC to reduce oil prices during a speech at the World Economic Forum. However, experts warn that achieving lower prices may prove difficult due to U.S. policies contributing to rising costs. Additionally, while Trump aims to boost U.S. oil production, this could face resistance from energy companies focused on maintaining capital discipline and shareholder returns, potentially leading to a decline in stock values if production increases.
Source: YAHOO