Donald Trump brings down oil price by one “twit”


February 26, Fineko/abc.az. U.S. President Donald Trump caused the fall in oil prices at the stock exchange with his next statement.

He wrote in Twitter: "Oil prices are getting too high. OPEC, please relax and calm down. The world cannot bear such an increase in prices, it is fragile!"

Before Trump's comment, the price of oil on the market fluctuated slightly.

And after his statement, the price of futures for Brent crude oil fell by more than 3% to $65 a barrel, while last week for the first time since November 2018, it rose above $67. US light oil futures fell below $56 a barrel.