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Donald Trump says Opec 'must get prices down now' as crude trades near $80

Opec and its allies meet this weekend to discuss production

Donald Trump
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President Donald Trump looks into the crowd as he addresses supporters at Tampa Bay Technical High School in Tampa | Photo: Reuters

James Herron | Bloomberg
US President Donald Trump resumed his criticism of Opec, saying on Twitter that the cartel "must get prices down now!"    

Trump's fresh intervention in the oil market comes before a meeting of ministers from the Organization of Petroleum Exporting Countries and its allies in Algeria on Sunday. His complaint follows signals from Saudi Arabia that it was content to see prices climb above $80 a barrel. That's been a red line for the White House in the past, provoking the president to direct his first social-media barb against the cartel since July 4.  

Brent crude futures were 0.6 per

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