Senin, 19 Mei 2025

What Trump Doesn't Know About Oil Could Be Your Key to Profit

Wealth Daily

What Trump Doesn't Know About Oil Could Be Your Key to Profit

President Trump is hungry for $40/bbl oil. 

He wants it. He wants the political win that would ultimately come from dirt-cheap oil prices. He wants to get in front of a ravenous crowd to proclaim at the top of his lungs that he brought cheap gasoline prices to the American public, and then see their feverish smiles. This would be thrilling for him.  

Analysts over at Goldman Sachs recently reiterated this burning desire by the President, suggesting that his focus is on oil and U.S. energy dominance, as well as the preference for WTI crude to trade between $40 and $50 per barrel. 

A few weeks ago, President Trump nearly got his wish as oil prices cratered and bottomed around $55 per barrel. — he could taste the victory.

Why wouldn’t he want it? After all, when President Trump took office the first time, WTI crude was trading for about $45 per barrel:

oil price chart

Yes, President Trump wants $40/bbl oil… again!

But you know what? He’s not going to get it.

>>> Read the full article here.

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