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Trump's claim of "oil everywhere" is no longer true



U.S. President Donald Trump's claim that OPEC is pushing oil prices off an oversupply and surplus of floating deposits has one problem: it's only half the story.

While OPEC has limited supply to revive oil prices, the group's success means that there is no global oil spill.

"Looks like OPEC is back," Trump said in a Twitter post. "With record volumes of oil everywhere, including fully loaded ships at sea, oil prices are artificially very high! Not good and will not be accepted!"


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