Inconsistent Oil Market Signals

06.04.20 09:48 PM Comment(s) By Isack

Inconsistent Oil Market Signals

President Trump announced via his Twitter account that based on his conversations with the Crown Prince of Saudi Arabia, he expressed an expectation that a deal was in the works, and gave a very specific number of barrels that would be cut back. https://twitter.com/realDonaldTrump/status/1245720677660925952 Hours later, the representatives of Russia denied that any such conversations where had.

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