OPEC reportedly plans quiet oil output cut to avoi
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Posted On: 11/24/2018 5:23:40 PM
OPEC reportedly plans quiet oil output cut to avoid Trump's ire
Hawks, see it is nice having an A-hole for President?
https://www.cnbc.com/2018/11/23/opec-reported...mps-ire.ht
Summary>>>
OPEC is reportedly planning to throttle back its oil production but will try to paper over the size of the cut to avoid antagonizing President Donald Trump.
The strategy would mean that Saudi Arabia alone could cut output by up to 1 million barrels a day.
The Saudis are reportedly wary of crossing Trump because he has so far defended the kingdom's powerful crown prince following the murder of Jamal Khashoggi.
Hawks, see it is nice having an A-hole for President?
https://www.cnbc.com/2018/11/23/opec-reported...mps-ire.ht
Summary>>>
OPEC is reportedly planning to throttle back its oil production but will try to paper over the size of the cut to avoid antagonizing President Donald Trump.
The strategy would mean that Saudi Arabia alone could cut output by up to 1 million barrels a day.
The Saudis are reportedly wary of crossing Trump because he has so far defended the kingdom's powerful crown prince following the murder of Jamal Khashoggi.
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