Iran Thinks Trump Has Secret Plan With ‘Some OPEC Members’ To Drive Up Oil Prices

Common sense dictates that Donald Trump would be aghast to see oil prices blow out enough to risk effectively negating the economic benefits that are supposed to accrue to U.S. consumers from the GOP tax cuts. Indeed, he explicitly suggested late last month that he might try and bully OPEC around (an amusingly prospect, considering one doesn't exactly "bully" a cartel) in the following characteristically absurd tweet: https://twitter.com/realDonaldTrump/status/987284041304100864 Here's what I

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2 thoughts on “Iran Thinks Trump Has Secret Plan With ‘Some OPEC Members’ To Drive Up Oil Prices”

Oil will peak when the Aramco deal is floated. Each incremental dollar of crude price has got to be worth an incremental $3 or more when capitalized in the offering.

Russian stocks (ERUS) jumped twice as much as SPY last week. Is our stable genius trying to boost the Russian economy despite the best efforts of our “deep state” to impose sanctions? Hard for me to divine his intentions, but the results speak for themselves.