President Donald Trump appears to prefer US oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., citing an in-house analysis of his social-media posts on the topic.

Goldman Sachs analysts said U.S. President Donald Trump prefers oil prices to hover between $40 and $50 a barrel, based on a review of hundreds of his social media posts. In a report authored by Daan Struyven and others,

On the New York fuel exchange, oil prices are falling following a series of increases. These rates are influenced by decisions made by U.S. President Donald Trump. According to the investment bank Goldman Sachs,

The analysts concluded that Trump appears to prefer West Texas Intermediate oil in the $40 to $50 a barrel range — well under today's $63 a barrel.

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