6/13/2018, 1:56 PM (Source: TeleTrader)
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Trump blames OPEC for high oil prices

United States President Donald Trump slammed on Wednesday the Organization of Petroleum Exporting Countries for excessive prices, apparently blaming the cartel's quotas, agreed together with a bloc of producers led by Russia. "Oil prices are too high, OPEC is at it again. Not good!" the US commander-in-chief said on Twitter.

He has already accused the organization in April of artificially inflating valuations of crude. The wider group is scheduled to meet on June 22 in Vienna.

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