9/16, 10:23 PM (Source: TeleTrader)
more TeleTrader news

Trump: Aramco attacks did not raise prices 'much'

Oil prices following the attacks on Saudi Aramco oil facilities "haven't risen very much," US President Donald Trump said on Monday commenting on the surge in oil markets seen in the past few days.

"We have massive strategic reserves and we can release a little bit of that," Trump noted, hoping that "other countries" would also be "more generous" and bring the prices down. "No, that's not a problem, it went up five dollars," the president said.

"And you have to remember, we are now the largest producer of oil and gas in the world," Trump reminded. "We take in more money than anybody else from energy," he underlined.

Breaking the News / GG