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President Trump lambasted OPEC via Twitter Friday morning for making oil prices "artificially Very High" — a tweet which hit during an OPEC meeting today and was likely a reaction to oil prices trading at their highest level in three years.

Why it matters: Trump's tweet, while vague, appears to show the president directly attacking OPEC's work with Russia to limit production as the cartel seeks to tame the global crude oil glut. Trump's comments arrive as oil prices are trading at their highest levels in three years and U.S. gasoline prices, while still modest, have been creeping upwards too.line prices, while still modest, have been creeping upwards too.

Reactions from OPEC, via reporters covering the meeting (lightly edited):

  • Energy Intelligence Group's Amena Bakr: "UAE oil min says in response to Trump quote: OPEC is just doing its job of rebalancing the market."
  • Bloomberg News' Javier Blas: "'There is not such a thing as artificial prices', says SaudiArabia energy minister Khalid Al-Falih in response to Trump's tweet."
  • Platts Oil's Herman Wang: "Oil inventories are still above where they were before the downturn, Saudi energy minister Khalid Al-Falih says. 'The inventory drawdown needs to continue' but 'we are not decided yet on precisely what is the target'."

Go deeper

Trump set to appear at Pennsylvania GOP hearing on voter fraud claims

President Trumpat the White House on Tuesday. Photo: Chip Somodevilla/Getty Images

President Trump is due to join his personal lawyer Rudy Giuliani in Gettysburg, Pennsylvania, Wednesday at a Republican-led state Senate Majority Policy Committee hearing to discuss alleged election irregularities.

Why it matters: This would be his first trip outside of the DMV since Election Day and comes shortly after GSA ascertained the results, formally signing off on a transition to President-elect Biden.

Scoop: Trump tells confidants he plans to pardon Michael Flynn

Photo: Alex Wroblewski/Getty Images

President Trump has told confidants he plans to pardon his former national security adviser Michael Flynn, who pleaded guilty in December 2017 to lying to the FBI about his Russian contacts, two sources with direct knowledge of the discussions tell Axios.

Behind the scenes: Sources with direct knowledge of the discussions said Flynn will be part of a series of pardons that Trump issues between now and when he leaves office.

Erica Pandey, author of @Work
10 hours ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.