After topping $60 a barrel - the highest since Nov 2018 - oil prices slid Thursday morning after President Trump tweeted his latest plea for OPEC to increase oil production, saying that "oil markets are fragile...and the price of oil is getting too high. Thank you!"
But will OPEC respond to Trump's polite demands?
Very important that OPEC increase the flow of Oil. World Markets are fragile, price of Oil getting too high. Thank you!
— Donald J. Trump (@realDonaldTrump) March 28, 2019
Of course, this isn't the first (or even, the second, or third...) time that Trump has tried to dictate OPEC's production agreements via Tweet. Every time he does it, there's a favorable (for Trump) reaction in the crude complex, so, like a lab rat who gets rewarded with a food pellet every time it presses a button, Trump will presumably keep tweeting until it stops working.
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