No one has ever accused the oil market of being full of the smartest traders.
Trump said the same thing yesterday and oil fell $1.50. He said the same thing dozens of times during his first term. There’s no evidence anywhere that he’s capable of dictating OPEC policy.
Even more importantly, does he even realize that Russia is in OPEC+?
This article was written by Adam Button at www.forexlive.com.
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