Trump: Russians, Saudis Should Cut Oil Production Further
EXCERPT:
TRUMP: "Well, it could be that they further cut. I think it’s going be natural, really, it’s going to be natural at this point. I think I got them to cut maybe — what would you say? They say 10, they say 10 million, but I think it’s 15 billion barrels. I even heard 20 million. It’s going to be natural. In all fairness, Texas and Oklahoma, and if you go to North Dakota and all of our places, it’s going to be natural. Canada is cutting. They've got to cut. Right now they’ve got to cut. Supply and demand is a beautiful thing. What happened is one day all of our demand — not all, 50 percent of our demand disappeared with this virus. They say from 40 to 50 percent. So you're producing, it’s going good, price is good, price is good enough for the companies, and really good for the countries, it was really good.”




