US president Donald Trump said he has spoken to Saudi Arabia along with some other countries about increasing oil flow & that “all are in agreement”.
On Friday, Donald Trump described his conversation with Saudi Arabia in a tweet. In this, he said a California tax gasoline is causing “big problems on pricing for that state.”
Further, you can check his tweet here:
Spoke to Saudi Arabia and others about increasing oil flow. All are in agreement. The California tax on gasoline is causing big problems on pricing for that state. Speak to your Governor about reducing. Economic numbers, 3.2% GDP for what is often worst quarter, looking good!
— Donald J. Trump (@realDonaldTrump) April 26, 2019
Also, this week, crude hit highest in the period of six months. The US said it will not renew waivers allowing China and also other major economies to import 1.4M Iranian barrels a day.
Also Read: Study Revealed: Pirated Streaming Devices & Apps Steal User Data.
In addition, oil glides most since December on this Friday. It is because Trump force OPEC (Organization of the Petroleum Exporting Countries) to lower prices and doubts grew about the impact of supply squeezes from Russia and Iran.
