Lloyd's List is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Trump’s crude response shakes the chessboard

While President Trump has gained a reputation for impulsive announcements, his recent tweet is highly likely to be part of his administration’s strategy to impact the oil price, following the historic crash in West Texas Intermediate and Brent crude

This intervention in the Middle East Gulf should be seen through the prism of the impending US election. Furthermore, this single tweet alone is unlikely to return oil to a sustained price where US shale can compete. Worryingly, this may signify that the US is preparing for a longer-term escalation of tensions in the region

Related Content

Topics

UsernamePublicRestriction

Register

PS123505

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel