Trump asks Opec not to cut production

Trump called on Opec and its allies not to cut oil production next year. — Reuters pic
Trump called on Opec and its allies not to cut next year. — Reuters pic

WASHINGTON, Dec 5 — US President Donald Trump today urged Opec members not to slash production at their upcoming meeting, saying global oil prices should remain low.

Trump’s comment came as members of the Organisation of Petroleum Exporting Countries and other oil-producing nations prepared to meet tomorrow and Friday in Vienna to discuss lowering their output.

“Hopefully Opec will be keeping oil flows as is, not restricted. The World does not want to see, or need, higher oil prices!” Trump said on Twitter. — AFP

Source: The Malay Mail Online







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