Preview -- Barron's
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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.
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Morgan Stanley Maintains Exxon Mobil(XOM.US) With Buy Rating, Maintains Target Price $141
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Oil Volatile Amid U.S. Policy Uncertainty -- Market Talk