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OPEC just announced an increase. MBS wants to hurt US shale so when trump drills more they push the price down.
by throwaway48476 2y ago
OPEC just announced an increase. MBS wants to hurt US shale so when trump drills more they push the price down.
- jordanb 2y agoWell firstly this was "OPEC+" that includes Russia, the details are that SA isn't moving its quota up at all but Russia is "allowed" to pump more. Secondly, they're explicitly playing it as a gift to Trump, to drive down prices during his early days.