Oil extends decline to over 3% after Trump Opec comments | Financial Times:
Oil accelerated its decline to over 3 per cent on Friday after US president Donald Trump said he had called Opec to demand that the cartel brings down prices.
“I called up Opec, I said you’ve got to bring them down. You’ve got to bring them down,” Mr Trump told reporters, according to Reuters.
Brent crude, the international oil benchmark, fell by $2.32 a barrel — or 3.1 per cent — to $72.08. West Texas Intermediate, the US marker, fell by $2.20 a barrel — or 3.4 per cent — to $63.12.
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