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U.S. Oil and Gas Rigs Slide to Lowest Since December 2021, Baker Hughes Says
US Morning News Call | Trump Orders Development of AI Action Plan and Intensifies Removal of Biden's AI Efforts
WTI Tumbles to Near $74.00 as Trump Urges OPEC to Cut Oil Cost
Crude Oil Extends Losing Streak as Trump Urges OPEC to Lower Prices
Trump urges OPEC to lower oil prices, promising to actively promote interest rate cuts by the Federal Reserve.
① Trump demanded that OPEC countries such as Saudi Arabia lower oil costs at the Davos Forum, and called for immediate interest rate cuts to address economic chaos; ② He criticized the Biden administration for wasting $8 trillion on deficit spending, implementing destructive energy restrictions, severe regulations, and hidden taxes; ③ Trump praised SoftBank's commitment to invest in the U.S. and expressed hope that Saudi Arabia would increase its investment from $600 billion to $1 trillion.
Trump: Will ask OPEC to lower oil prices, requesting the Saudi crown prince to invest 1 trillion dollars in the USA.
On Thursday, USA President Trump delivered a video speech at the Davos Forum, urging the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices, which caused international oil prices to drop nearly 1%. He also suggested that to revive USA manufacturing, Saudi Crown Prince should invest 1 trillion dollars. Trump additionally called on European countries to reduce the tax and regulatory burden on USA companies.
EZ_money : thanks
Stock_Drift OP EZ_money : YW.
EZ_money : JET.AI looks like it bottomed out
Lostboy98 : Is it upstairs or downstairs?
Stock_Drift OP EZ_money : Agreed. Just sits there.
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