|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Oil, Mining & Energy (Click here for more)

Trump Blames OPEC for High Oil Prices

WASHINGTON – US President Donald Trump renewed his attacks against the Organization of Petroleum Exporting Countries (OPEC) on Wednesday, blaming the organization for the rise in oil prices.

“Oil prices are too high, OPEC is at it again. Not good!,” Trump said on Twitter soon after returning to the United States from his historic summit in Singapore with North Korean leader Kim Jong-un.

The price of crude oil is currently around $66 a barrel, up 40 percent since last year.

In April, when the price of oil reached $68 a barrel, Trump accused OPEC of keeping prices “artificially very high.”

The US president’s tweet comes a little over a week before OPEC and non-OPEC oil producing nations meet in Vienna from June 22-23 to discuss the organization’s production policy.

In 2017, OPEC and several other oil-producing countries like Russia agreed to curb production in order to support prices.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved