{"id":120366,"date":"2026-05-19T11:13:56","date_gmt":"2026-05-19T15:13:56","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=120366"},"modified":"2026-05-19T11:13:56","modified_gmt":"2026-05-19T15:13:56","slug":"trump-says-oil-prices-will-not-stay-high-for-long-as-crude-holds-above-100","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/trump-says-oil-prices-will-not-stay-high-for-long-as-crude-holds-above-100\/120366\/","title":{"rendered":"Trump says oil prices will not stay high for long as crude holds above $100"},"content":{"rendered":"
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US President Donald Trump<\/span><\/span> has predicted that oil prices will not remain elevated for a long period. His remarks come at a time when Brent crude is trading above $110 per barrel while US crude remains above the $100 mark.<\/p>\n

The statement quickly grabbed attention across financial markets as traders continue reacting to fears surrounding the Strait of Hormuz crisis, supply disruptions, and ongoing geopolitical tensions in the Middle East.<\/p>\n

Oil prices have witnessed massive swings in recent weeks. Brent and WTI crude have both surged more than 80% in 2026 so far as global supply concerns intensified.<\/p>\n

Trump predicts lower oil prices despite ongoing supply fears<\/h2>\n

Trump\u2019s latest comments suggest that he believes current oil prices may eventually cool once tensions ease and diplomatic talks move forward.<\/p>\n

Reports today showed that crude prices slipped after Trump paused a planned military strike on Iran to allow negotiations to continue. Brent crude fell around 1.13% while WTI crude also moved lower during the session.<\/p>\n

However, analysts still remain cautious. Markets continue worrying about the Strait of Hormuz situation, which handles a major share of global oil shipments. Any prolonged disruption could keep prices elevated for longer than expected.<\/p>\n

Brent and WTI crude remain near multi year highs<\/h2>\n

Even after today\u2019s pullback, oil benchmarks remain near some of their highest levels in years.<\/p>\n

Brent crude recently traded around $110 per barrel while WTI crude stayed above $103. Both contracts have gained nearly 20% over the past month alone.<\/p>\n

Several market analysts believe traders are still pricing in geopolitical risk premiums due to uncertainty around energy supply routes and global production levels.<\/p>\n

At the same time, rising oil prices are also increasing concerns around inflation and economic growth. Higher fuel costs could impact transportation, manufacturing, and household spending globally.<\/p>\n

Energy markets remain highly volatile<\/h2>\n

Oil markets have become extremely sensitive to political headlines and military developments over the past few months.<\/p>\n

Sharp rallies and sudden declines have become common as investors react to updates related to Iran, global shipping routes, and possible diplomatic breakthroughs.<\/p>\n

While Trump believes prices may not stay high for long, many traders are still watching whether supply disruptions ease in the coming weeks.<\/p>\n

For now, energy markets continue to remain volatile with crude prices staying well above key psychological levels.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

US President Donald Trump has predicted that oil prices will not remain elevated for a long period. His remarks come\u2026<\/p>\n","protected":false},"author":294,"featured_media":120367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[186],"tags":[35423,168,535,5218,34379,750,776],"class_list":["post-120366","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world","tag-crude","tag-donald-trump","tag-iran","tag-oil","tag-oil-price","tag-trump","tag-us"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=120366"}],"version-history":[{"count":1,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120366\/revisions"}],"predecessor-version":[{"id":120368,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/120366\/revisions\/120368"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/120367"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=120366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=120366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=120366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}