Friday, March 21, 2025
THE NEW BROOM — Since Donald Trump was inaugurated, the price of an OPEC barrel has fallen by more than $10. The slide is by no means all due to Trump, however. OPEC has decided to expand production when the market is seen as already oversupplied. That is probably the main fomenter of the slide. But it is certainly noteworthy that the market reversed course when Trump took office.
