Market
What will be Trump's influence on OPEC oil pricing by mid-2025?
2
World Economic Forum•Donald Trump•Saudi Arabian•United States•Saudi Arabia•Mohammed bin Salman•Trump•OPEC
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Official OPEC announcements or credible analysis from financial news outlets
Story
Trump to Request Saudi Investment Increase from $600 Billion to $1 Trillion from Crown Prince Mohammed bin Salman at WEF
Jan 23, 2025, 04:14 PM
At the World Economic Forum, President Donald Trump announced plans to request an increase in Saudi Arabian investment in the United States. He stated that Saudi Arabia is already expected to invest at least $600 billion but intends to ask Crown Prince Mohammed bin Salman to raise this figure to $1 trillion. Trump described the Crown Prince as 'a fantastic guy' and mentioned that he would also request Saudi Arabia and OPEC to lower oil prices.
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