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The concern that the US oil storage capacity. USA It fills up soon, caused a sharp decline in oil prices.
The price of a barrel of US crude oil in West Texas (West Texas Intermediate / WTI) has dropped below $ 0. After the historic decline, eyes turned to President Donald Trump.
DESCRIPTION OF LAST MINUTE TRUMP OIL: WE WILL ADD 75 MILLION BARRELS
Speaking of declining oil worldwide, the President of the United States, Donald Trump, addressed the press.
Affirming that oil prices, which are negative for the first time, are interesting to many people, ” We will use the fall in the price of oil to increase our reserves.. We will add 75 million barrels of oil to the national reserve of the United States. We will fill our reservations to the maximum. We will benefit from this unprecedented collapse. ” said.
The price of oil in the United States has dropped to $ -40 per barrel. This means that sellers give the buyer a free barrel of oil and pay $ 40 on top.
SOURCE: have7
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