News Analysis
Crude futures slumped by as much as 5 percent on July 14 in hopes that U.S. President Joe Biden could encourage Saudi Arabia to produce more oil.
President Joe Biden exits the White House and walks to Marine One on the South Lawn, in Washington, on May 11, 2022. Drew Angerer/Getty Images
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Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
