Oil drops for 12th day after Trump urges OPEC not to cut supply

in dlike •  6 years ago 

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Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to cut supply.


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This is good news for us at the pump, but not good news over all. I think oil prices will continue to fall in the future because of all of the many other energy options that will be coming out.

If there are more supply , the market is saturated and the prices fall down..But Trump can´t put pressure on OPEC because the US always get a good deal of prices vs. the prices offered in the EU.