Goldman: Trump Wants Oil Prices in the $40-50 Range ...Middle East

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Goldman: Trump Wants Oil Prices in the $40-50 Range
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U.S. President Donald Trump likes crude oil prices in the range of $40 to $50 per barrel, Goldman Sachs analysts have said, following an analysis of his social media posts on the topic. The president’s “inferred preference for WTI appears to be around $40 to $50 a barrel, where his propensity to post about oil prices bottoms,” the team wrote, also noting that Trump “has always been focused on oil and on US energy dominance, having posted nearly 900 times,” on the topic, Bloomberg reported, citing parts of the Goldman…

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