US Pres. Trump: Raised issue of oil prices with Russian President Putin
|While giving details of his call with Russian leader Vladimir Putin, US President Donald Trump recently cleared that his call was about oil prices and that they’re hurting the industry.
Key quotes
Oil prices are helping airlines.
Oil prices are hurting the industry.
He also spoke with the Saudi crown prince about oil prices.
Market implications
Oil traders paid a little heed to the news as updates on the call were already out on Tuesday. That said, WTI remains under pressure around $19.80 by the press time.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.