Technical Analyst & Trader @ Vikinsa
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Trump invites oil CEOs to discuss help for ailing industry: source
U.S. President Donald Trump has invited oil executives to the White House to discuss potential aid for the industry as the coronavirus pandemic spurs a historic slump in energy prices, a source familiar with the matter said on Wednesday. The Wall Street Journal, which was first to report on the meeting citing unidentified sources, said Trump would discuss a range of options to help the industry, including the possibility of tariffs on oil imports from Saudi Arabia. The meeting is to take place on Friday, the Journal said, with major drillers including Exxon Mobil Corp, Chevron Corp and Occidental Petroleum Corp due ... (full story)