OPEC producers and President Donald Trump are both embracing a “show me” attitude to energy market uncertainty, analysts told CNBC on Friday, as traders speculate about the possibility of $100 a barrel before year-end.
“The market and certainly the U.S. president is saying to OPEC and Saudi Arabia: ‘Show me the barrels,'” Herman Wang, OPEC specialist at S&P Global Platts, told CNBC’s “Street Signs” on Friday.
“And Saudi Arabia and OPEC have kind of turned around and said: ‘Well, show me the demand,'” he added.
