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President Donald Trump said that the U.S. will “get our energy business back,” as he met with oil executives from at least seven companies amid the ongoing collapse in oil prices.

https://www.cnbc.com/2020/04/03/trump-says-well-work-this-out-and-get-our-energy-business-back-at-meeting-with-oil-ceos.html

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President Donald Trump said that the U.S. will “get our energy business back,” as he met with oil executives from at least seven companies amid the ongoing collapse in oil prices.

“We’ll work this out and we’ll get our energy business back. I’m with you 1,000%. It’s a great business, it’s a very vital business,” he said. Trump added that he’s “looking very seriously” at an infrastructure package.

The meeting included CEOs from Exxon, Chevron, Occidental Petroleum, Devon Energy, Phillips 66, Energy Transfer Partners and Continental Resources founder Harold Hamm.

U.S. West Texas Intermediate crude jumped nearly 12% on Friday after OPEC said it would hold a virtual meeting on Monday to discuss oil policy, while Russian President Vladimir Putin said a production cut of 10 million barrels per day is possible if global players participate, according to a report from Reuters.