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Donald Trump: “The oil never went to $350 a barrel. It went to 115, 120.”

Featuring: Donald Trump, Republican | President of the United States | National

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President Trump Holds a Press Conference, Jun. 17, 2026

Published | Video Starts at 58:10

And now they can never have a nuclear weapon. Now, we had a disturbance, but I must say it was much less than anybody thought. The oil never went to $350 a barrel. It went to 115, 120. You all never went anywhere near that. And the other thing, I thought the stock market would go down 25 or 30%. (58:10–58:17)

CLAIM

Asserts that oil prices did not reach $350 per barrel, but instead reached $115-$120.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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