Donald Trump tweets on OPEC for first time in 2019

world News March 03, 2019

Author:

daniel fountain

article author:

ID:

1551561208408134400

Sun, 2019-03-03 00:27

RIYADH: Brent crude fell to $65.07 per barrel and WTI dropped to $55.80 at the close of the week, due to a third consecutive month of weak Chinese exports, and US crude imports reaching their lowest levels in 23 years.
US plans to sell up to 6 million barrels of crude oil from the Strategic Petroleum Reserve in April and May exacerbated bearish sentiments, but OPEC output cuts have, to now, kept the market stagnant.