Oil drops for 12th day after Trump urges OPEC not to cut supply
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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Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to cut supply.
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.