Oil prices drop after Trump tweets U.S. won't accept "artificially" high prices
Oil prices dropped Friday from three-year highs after President Trump said in a tweet the U.S. would not accept the "artificially very high" prices imposed on the market by the oil-producing cartel OPEC.
His tweet came as OPEC representatives met in Jeddah, Saudi Arabia, to discuss ways to hold down production and keep prices up. While Trump did not say what the U.S. might do to reduce oil prices, analysts said he has several options.
<<Print>>