Not April Fool’s — Trump Hints at $9 Oil After Accidental Bitcoin Plug

After inadvertently advertising Bitcoin (BTC) last week, United States President Donald Trump has now hinted that he expects oil to crash to just $9.

In a press conference on March 31, Trump reiterated what has become a penchant for lower oil prices. 

Trump: $9 could “get you what you wanted”

He was speaking amid talks with both Russia and Saudi Arabia, both of which plan to increase oil production this month despite the plunge in demand caused by coronavirus. WTI crude prices have lost more than 50% in the past 30 days alone. 

“Look, it’s $22, but it’s really much cheaper than that if you want to negotiate — nobody’s seen that,” Trump told the press.

“That’s like from the 1950s, it really is — to think that it was $50, $60, $70, $80 — and now it’s $22, but you know, if you put a good bid in at $9, I think you could probably get what you wanted, right?”

The last time that oil circled $10 was in 1998 when Saudi Arabia likewise flooded the market to ward off…