Trump Thanks Saudi Arabia Over Oil Prices

Published

(Official Whte House Photo by Joyce N. Boghosian)
(Official Whte House Photo by Joyce N. Boghosian)

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)

Current News

BOEM Initiates Process for Potential Mineral Lease Sale Offshore Virginia

BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

Jumbo Scoops Two Offshore Wind

Wood Nets Long-Term Maintenance Contract for Rio Grande LNG Facility

Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine