Oil prices drop with the pressure of Trump's comments

Oil prices have fallen after US President Donald Trump said he would ask Saudi Arabia and OPEC to lower the crude price, in a recovery of his tactics during his first term aimed at controlling energy prices. West -texas rough futures fell 1.1% to establish less than $ 75 a barrel, while Brent -rough drops to establish nearly $ 78. The “OPEC+” coalition was involved in an effort that lasted years with the aim of supporting prices by limiting production. The coalition countries have millions of barrels in reserve energy, which could return to the market, and the coalition gradually has part of this production to the market from April, after various delay. “I will also ask Saudi Arabia and OPEC to reduce the cost of oil, it must be reduced,” Trump said in statements on Thursday before the world leaders who met in Davos on Thursday. OPEC representatives did not immediately respond to requests to comment on Trump’s comments. The White House said in a statement sent via e -mail that Trump spoke to Saudi Kroon Prince Mohammed Bin Salman, and discussed efforts to stabilize the Middle East, as well as opportunities to increase “mutual wealth” between the United States and the Kingdom. The statement did not specifically mention oil prices. Trump’s oil -market interference is a new variable in the oil market, and is not a new tactic. In his first term, he repeatedly called ‘OPEC+’ to reduce prices when he felt very high, because he concluded an agreement with Saudi Arabia and Russia to reduce production, when prices collapsed at the beginning of the Corona epidemic in 2020. and its impact on energy prices. “The statements of the US president have evaporated the prize recycling reached earlier in the session, driven by indications that the recent US sanctions were on Russian crude oil, which was appointed before Trump, constantly renewed the global market. 2.33 million barrels increased.