The president of the United States, Donald Trump, seems to prefer oil prices between $ 40 and $ 50 per barrel, according to Goldman Sachs Group Inc., citing an internal analysis of his publications on social networks on the subject.
Trump “has always focused on oil and the domain of American energy, since it has published almost 900 times,” Daan Struyven, including report on a report. Its “inferred preference for WTI seems to be around $ 40 to $ 50 per barrel, where their gain to publish on oil prices funds,” they said.
Petroleum prices, since Brent and West Texas are often beaten by the comment of the social networks of the US leader, which can refer to everything, from the production levels of the OPEC and the prices of gasoline of the USA. UU. To the sanctions against the nations as Iran. Its administration has favored an increase in national production, as well as a broad impulse for cheap energy to help reduce inflation.
Hey “tends to ask for lower prices (or celebrate the prices of the fall) when WTI is greater than $ 50,” analysts said. “In contrast, President Trump has requested higher prices when prices are very low (WTI less than $ 30) or in the context of American support production.”
Wti-who last quoted just above $ 63 a barrel has fallen around 12 percent so far this year, overwhelmed by the consequences of Trump’s commercial rates, as well as a decision of the OPEC+ to loosen the supply rate. Even so, prices have recovered some land after the United States and China reduced some levies for 90 days, above a low point of four years seen earlier this month.
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Posted on May 14, 2025
