Trump, Middle East and Live Updates
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The analysts concluded that Trump appears to prefer West Texas Intermediate oil in the $40 to $50 a barrel range — well under today's $63 a barrel.
President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.
Goldman Sachs analysts said U.S. President Donald Trump prefers oil prices to hover between $40 and $50 a barrel, based on a review of hundreds of his social media posts. In a report authored by Daan Struyven and others,
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essanews.com on MSNTrump's oil price push: WTI dips as tensions with Iran riseOn the New York fuel exchange, oil prices are falling following a series of increases. These rates are influenced by decisions made by U.S. President Donald Trump. According to the investment bank Goldman Sachs,
Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his oil rigs had broken. In times past it would be a straightforward $6,000 fix,
Since he returned to the Oval Office, the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see chart 1). Some also speculate that Mr Trump’s noisy demands for a lower price contributed to a recent decision by the OPEC cartel to boost production,
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Before Trump began his visit to Saudi Arabia, Qatar and the United Arab Emirates, his sons Eric and Donald Jr. had already traveled the Middle East extensively in recent weeks. They were drumming up business for The Trump Organization, which they are running in their father’s stead while he’s in the White House.
In a geopolitical chess game with billions at stake, Saudi Arabia, the U.S. and Nvidia all have something to gain.
Saudi investment summit as the White House announced a $600 billion investment from Saudi Arabia, including what it touted as the "largest defense sales agreement in history."In Saudi Arabia, the president held up the country as an example for the Middle East,