Oil news

US President Trump posts "the U.K. has started drilling in the North Sea, one of the greatest and most prosperous areas of OIL in the World. They should go FULL BLAST!"

Newsquawk Staff ·

Full Post: "Great news for the wealth and prosperity of the United Kingdom, and the wonderful region of Aberdeen. The U.K. has started drilling in the North Sea, one of the greatest and most prosperous areas of OIL in the World. They should go FULL BLAST!!! This will make the U.K. very wealthy again. TAKE DOWN THE COSTLY AND RIDICULOUS WINDMILLS! President DJT"

What it means

Presidential social media commentary on foreign energy policy sits in the category of rhetorical pressure rather than binding action, and episodes of this kind have historically moved crude only when they touch US-controlled levers such as sanctions, tariffs, or domestic permitting. North Sea output is set by UK licensing, fiscal terms, and operator economics, none of which a US post alters; mature basin decline and windfall taxation have been the binding constraints on UK production, and a social media endorsement does not change well economics or the regulator's stance. The pattern with energy-related posts of this type has been an initial headline scroll through oil desks followed by fade absent policy follow-through, since the channel to Brent or WTI runs through actual supply, and UK volumes are a small share of global balances. The reference to removing wind capacity is consistent with a longstanding rhetorical posture rather than a new position, and has no direct transmission to UK power or gas pricing. Worth noting is whether the comment is a one-off or part of a broader pressure campaign on UK energy and trade policy, since repeated messaging on an ally's domestic decisions has on past occasions preceded tariff or trade linkage. As it stands this is commentary with no scheduled decision attached, and the durable signal for crude remains inventory data, OPEC policy, and Atlantic basin differentials rather than Aberdeen.

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