Why OPEC Is Unlikely To Bow To Pressure From Trump

A week ago, Trump laid out his energy policy agenda in his 23 January address to the World Economic Forum, urging OPEC to lower oil prices in a bid to end Russia’s war in Ukraine. “And I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down, which, frankly, I’m surprised they didn’t do before the election. That didn’t show a lot of love by them not doing it. I was a little surprised by that. If the price came down, the Russia-Ukraine war would end immediately. Right…