U.S. oil price back above zero, Trump capitalizes on low prices

Translating...

Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.

Error loading player: No playable sources found
02:07

U.S. oil price rebounds to 1.39 U.S. dollars after the biggest drop in history, from minus 37.63 U.S. dollars as settlement price on April 20. 

U.S. President Donald Trump considers the drop a short-term financial impact on the oil market. He plans to add as much as 75 million barrels of oil to the nation's Strategic Petroleum Reserve, taking advantage of record low prices.

TOP NEWS
Chinese, Indonesian presidents mark 75 years of diplomatic ties
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Politics

03:53, 13-Apr-2025

Cambodian PM says ties with China to be deepened continuously
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Politics

09:13, 13-Apr-2025

Farmer who voted for Trump begs him to end trade war
{"type":2,"value":"CGTN","commentator":[],"valueShow":true,"commentatorShow":false}

Politics

12:58, 13-Apr-2025