Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices to benefit Vice President Kamala Harris, warning that her potential presidency could be a “disaster” for the U.S.
What Happened: Trump took to his social media platform, Truth Social, to voice his concerns about OPEC’s actions. He wrote, “OPEC nations are going all out to drive down oil prices in the hope that crazy Kamala Harris will win. Then they will really reap the rewards! She will be a disaster for the USA!”
Trump’s comments come in the wake of a recent decline in oil stocks, which occurred amid speculation that Harris might adopt a more stringent stance on the oil and gas industry if she were to become the Democratic presidential nominee and win the White House race.
At the time of publication, oil stocks remain in the red after President Joe Biden opted out of the 2024 election race against Trump and endorsed Harris on Jul. 21 as a top presidential nominee.
WTI Crude has dropped …
Full story available on Benzinga.com
Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices to benefit Vice President Kamala Harris, warning that her potential presidency could be a “disaster” for the U.S.
What Happened: Trump took to his social media platform, Truth Social, to voice his concerns about OPEC’s actions. He wrote, “OPEC nations are going all out to drive down oil prices in the hope that crazy Kamala Harris will win. Then they will really reap the rewards! She will be a disaster for the USA!”
Trump’s comments come in the wake of a recent decline in oil stocks, which occurred amid speculation that Harris might adopt a more stringent stance on the oil and gas industry if she were to become the Democratic presidential nominee and win the White House race.
At the time of publication, oil stocks remain in the red after President Joe Biden opted out of the 2024 election race against Trump and endorsed Harris on Jul. 21 as a top presidential nominee.
WTI Crude has dropped …
Full story available on Benzinga.com
Former President Donald Trump accused the Organization of the Petroleum Exporting Countries (OPEC) of deliberately driving down oil prices to benefit Vice President Kamala Harris, warning that her potential presidency could be a “disaster” for the U.S.
What Happened: Trump took to his social media platform, Truth Social, to voice his concerns about OPEC’s actions. He wrote, “OPEC nations are going all out to drive down oil prices in the hope that crazy Kamala Harris will win. Then they will really reap the rewards! She will be a disaster for the USA!”
Trump’s comments come in the wake of a recent decline in oil stocks, which occurred amid speculation that Harris might adopt a more stringent stance on the oil and gas industry if she were to become the Democratic presidential nominee and win the White House race.
At the time of publication, oil stocks remain in the red after President Joe Biden opted out of the 2024 election race against Trump and endorsed Harris on Jul. 21 as a top presidential nominee.
WTI Crude has dropped …Full story available on Benzinga.com Read Morebenzinga neuro, COP, CVX, Donald Trump, EOG, Equities, IYE, Kamala Harris, Kaustubh Bagalkote, MRO, News, OPEC, USO, VDE, XLE, XOM, Commodities, Politics, Global, Markets, IYE, US4642877967, USO, US91232N1081, VDE, US92204A3068, XLE, US81369Y5069, COP, US20825C1045, CVX, US1667641005, EOG, US26875P1012, MRO, US5658491064, XOM, US30231G1022, News, Equities, Commodities, Politics, Global, Markets, Benzinga Markets
