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Underwhelming Oil Cut Will Weaken OPEC Credibility

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Home Blogs > Business
Apr 15 '20 | By CEO | Views: 47 | Comments: 0

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President Trump deserves credit for pressuring Saudi Arabia to end the oil price war and broker an agreement to reduce oil supplies. The deal exposes the Saudis' weak hand in the face of Trump's political needs to protect the U.S. oil industry, which has become too big to fail.

Source: https://www.forbes.com/sites/daneberhart/2020/04/15/an-oil-cut-deal-if-you-can-keep-it/

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