Oil edges up as OPEC ignores Trump pushback on prices - Dealers Care

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Wednesday, 27 February 2019

Oil edges up as OPEC ignores Trump pushback on prices

By Laila Kearney NEW YORK (Reuters) - Oil futures rose slightly on Tuesday after news that OPEC planned to continue production cuts despite comments from U.S. President Donald Trump, who criticized the producer group for rising crude prices a day earlier. Prices fell more than 3.5 percent on Monday, their biggest daily percentage drop this year, after Trump said he wanted the Organization of the Petroleum Exporting Countries to ease its efforts to boost oil prices.

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