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Reuters
US President Donald Trump on Thursday urged the Organization of Petroleum Exporting Countries (OPEC) to increase oil production in order to reduce its prices.
"It's very important that OPEC increases the flow of oil," Trump wrote on his Twitter page. Global markets are fragile and the price of oil is rising too much. thank you so much
It is very important that OPEC increase the flow of oil. Global markets are fragile, with the price of oil becoming too high. thank you so much
– Donald J. Trump (@realDonaldTrump) March 28, 2019
OPEC, along with other producers, led by Russia, are seeking to absorb market supplies through an agreement that came into force earlier this year to reduce production by 1.2 million barrels per day.
In terms of trade, oil prices fell about 2 percent after the US president's remarks and recorded a Brent level of $ 66.68 a barrel, while the US crude was 58 percent. , 35 dollars a barrel, according to the website "Bloomberg".
Source: RT + Bloomberg
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