Oil Executives Refrain From Publicly Criticizing Trump or His Tariffs
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
It Is Happening Every Day, Every Where
Eager to stay in Mr. Trump’s good graces, oil executives refrain from publicly criticizing the president. But privately, ‘Everyone’s afraid.’
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil as a result — were weighing on the market.
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall in prices.
The Saudi-led cartel said its members would start gradually pumping more oil in April.