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Trump hasn't been fair to OPEC, Oman's oil minister says



Oman's oil minister thinks President Donald Trump has given OPEC some undue flak. But echoing other Gulf ministers, Mohammed bin Hamad al-Rumhi stressed his desire to see clear or political animosity with the American leader, appearing to give him the benefit of the doubt.

4-member cartel for its management of oil output, urging the group to keep the taps open and oil prices low. "OPEC is ripping us off," Trump said in a tweet last October.

In December, OPEC members along with Russia reached an agreement to cut their crude production by 1.2 million barrels of oil per day from the market in order to vote the fall in prices, something that further drew Trump's ire.

"Unfortunately there are politics, but sometimes the politics forces people go to the social media or to CNBC to present their case. And that is the reality of today," the minister said.


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