Trump wants to push down oil prices: 'Price will not be at $50 per barrel for the time being'
US President Donald Trump wants to bring the price of oil down to $50 per barrel in the coming years. Now that the United States is claiming control over Venezuela's oil reserves, Trump hopes to increase production there and thus keep oil prices structurally low. This is according to The Wall Street Journal, based on information from insiders. The […]
More oil from Venezuela? "This is going to be very difficult."
After the American attack on Venezuela, rumors are swirling that Donald Trump is after the oil. Something the president does not exactly deny. But what does that mean in practice, given that the South American country now sells most of its oil production to China? And how quickly would […]