US President Trump says US economy has never been stronger; regarding oil drilling in Texas, nobody can take a chance on it

Newsquawk StaffOil newsPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

Iran Foreign Ministry Spokesperson says Iran is ready to help peacefully resolve issues between Saudi Arabia and Yemen; has always been ready to use best efforts to help resolve the conflict

EU's Costa says we need an EU long-term budget agreed on by year-end

US President Trump says US economy has never been stronger; regarding oil drilling in Texas, nobody can take a chance on it

US President Trump says Israel has been helpful to Saudi Arabia

US President Trump says he wants the Russia/Ukraine war ended; on Zelensky/Ukraine, says at some point I'll release details; I think it's good; will get a deal on nuclear arms with Russia and China

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

Boosterish remarks on the strength of the economy from the sitting President are a standing feature of this administration's communication pattern and have historically carried no signal content for rates, the dollar, or equities; they are background noise rather than an input. The reference to Texas oil drilling is more substantive in form, since commentary from the White House on domestic production has, in past episodes of this kind, foreshadowed permitting, leasing, or regulatory adjustments that matter at the margin for US supply expectations, though off-the-cuff remarks alone have rarely moved WTI or Brent without a policy document behind them. The phrasing as it stands is garbled and carries no concrete commitment, so there is little to verify or act on. Worth noting is whether the energy comment is repeated by administration officials or appears in formal guidance, which is the usual sequence by which rhetorical supply signals have become market-relevant. Absent follow-through, remarks of this kind have tended to fade within the session.

Related headlines

The feed had this first.

Use the Platform