Tag Archives: Donald Trump

China and the United States agreed to halt additional tariffs in a deal that keeps their trade war from escalating.

Trump’s support is the key to the political fortunes of MBS.

Saudi Arabia has been pushing for an OPEC cut. indicating it may reduce supply by 500.000 bpd.

The output from the troika is the fastest-growing element in global oil supplies.

U.S. President Donald Trump pulled out of the accord in May.

The US president first brought the subject up in a meeting with Iraq’s then-leader Haider al-Abadi in March last year.

Goldman Sachs believes that the price of oil and other commodities are set for a rebound next year.

Saudi Arabia says repeatedly that it won’t balance supply and demand on its own.

OPEC reportedly considered announcing a cut of 1.4 million bpd.

Thanks to shale. US oil production surged to a record level of 11.6 million barrels per day earlier this month.