Oil began to fall in price after US President Donald Trump said he would push Saudi Arabia and OPEC to lower its prices. This is reported by Bloomberg.
"West Texas Intermediate crude futures fell by about 1% to below $75 per barrel, while the global benchmark Brent dropped below $79. Earlier, WTI increased by 0.7% to $ 76," the agency reports.
As reported by EADaily, Donald Trump will seek from Saudi Arabia and OPEC lower oil prices, including to put pressure on Russia in connection with the Ukrainian conflict. The US president stated this in his video speech at the World Economic Forum in Davos.
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