Stories

Trump's wild OPEC weekend

President Trump with South Carolina Governor Henry McMaster last week. Photo: Mandel Ngan/AFP/Getty Images

A series of weekend statements about OPEC and Saudi Arabia from the Trump administration are helping to put downward pressure on oil prices.

The latest: Oil prices dropped slightly Monday, and MarketWatch notes one reason is that investors were "rattled" by President Trump's weekend tweet suggesting Saudi Arabia may sharply boost output.