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President Trump urges OPEC to lower oil prices

President Trump urges OPEC to lower oil prices

During a remote speech to attendees at the World Economic Forum in Davos, Switzerland, President Donald Trump said he plans to use tariffs to drive manufacturing back to the U.S. He also urged OPEC nations to lower oil prices, predicting this will decrease inflation and allow for lower interest rates. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).

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