Trump Thanks Saudi Arabia Over Oil Prices

Wednesday, November 21, 2018

U.S. President Donald Trump on Wednesday praised Saudi Arabia over recent oil prices and called for prices to go even lower, likening it to "a big tax cut" that could boost the U.S. and global economies.

"Oil prices getting lower. Great! Like a big Tax Cut for America and the World. Enjoy! $54, was just $82. Thank you to Saudi Arabia, but let’s go lower!"


(Reporting by Susan Heavey and Lisa Lambert Editing by Chizu Nomiyama)

Categories: Finance Energy Oil

Related Stories

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Noble Gets $136M Brunei Drillship Job

Floating Nuclear: A New Offshore Energy Frontier

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com