Posted on 04/20/2018 10:40:04 AM PDT by Oldeconomybuyer
With oil prices hitting $75 per barrel, it was meant to be one of the smoothest meetings OPEC has had in recent years.
The night before the meeting, the ministers gathered in Jeddah celebrated with a traditional Saudi sword dance - just as U.S. President Donald Trump had done when he visited Saudi Arabia last May.
Little did they know that Trump was about to spoil their post-meeting party when he tweeted that oil prices had rallied too far.
Looks like OPEC is at it again. With record amounts of oil all over the place, including the fully loaded ships at sea. Oil prices are artificially Very High! No good and will not be accepted! Trump said on Twitter.
(Excerpt) Read more at reuters.com ...
Yes,in my previous post I should have mentioned,yet again,OPEC’s manipulation.So my question is how does a tweet from DJT force OPEC (namely,Saudi Arabia) to change their policy regarding *available* supply? Are the tank farms in the Middle East,and elsewhere,any less full than they were before his tweet? Are the hundreds (or thousands) of tankers that were said to be chock full a year or two ago any less full as a result of his tweet?
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I don’t know, nor do I know what was said to Uhn, but I do know CIA controlled NK and we took out their satellites and blinded CIA, which left Uhn with no source of power or $$$; do you not think we could do that to Saudis and other OPEC boys? I do. CIA does not control them any longer. Read Q.
Yes,in my previous post I should have mentioned,yet again,OPEC’s manipulation.So my question is how does a tweet from DJT force OPEC (namely,Saudi Arabia) to change their policy regarding *available* supply? Are the tank farms in the Middle East,and elsewhere,any less full than they were before his tweet? Are the hundreds (or thousands) of tankers that were said to be chock full a year or two ago any less full as a result of his tweet?
Yes,I suspect that there are forms of pressure that DJT can apply to the Saudis but tweeting ain’t among them.
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