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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 24/Jan 10:54

WTI upside limited as Trump demands OPEC lower crude prices

West Texas Intermediate (WTI) halted its six-day losing streak, trading around $74.40 a barrel during Asian hours on Friday. Crude oil prices are on track for a weekly decline after President Donald Trump announced a comprehensive plan to increase US production and called on OPEC to lower crude oil prices. In a speech delivered Thursday at the World Economic Forum in Davos, President Trump urged OPEC and its leading member, Saudi Arabia, to reduce the cost of crude oil, according to Reuters. Oil prices got upward support from Trump’s remarks expressing a desire for the Federal Reserve to lower interest

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