Trump says oil supplies are plentiful as prices drop
US President Donald Trump said oil supplies remain ample as he pointed to falling prices and a stronger economy.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
US President Donald Trump said oil supplies remain ample as he pointed to falling prices and a stronger economy.
Smart-bed manufacturer Sleep Number (NASDAQ:SNBR) filed for Chapter 11 bankruptcy protection on Thursday with $672.5 million in debt.
IM Cannabis (NASDAQ:IMCC) announced on June 18, 2026, that it has entered into a non-binding letter of intent to sell its European-focused subsidiary, IMC Holdings, to Slil.com Holding.
Deluxe (NYSE:DLX) announced on June 18, 2026, that it has reached a definitive agreement to acquire Celero Commerce, a financial technology firm focused on payment solutions for small and medium-sized businesses, for $625 million.
Merck (NYSE:MRK) announced today that the U.S. Food and Drug Administration (FDA) has expanded the indication for CAPVAXIVE® (Pneumococcal 21-valent Conjugate Vaccine) to include children and adolescents aged 2 through 17 years who are at increased risk for pneumococcal disease.
Global Net Lease (NYSE:GNL) announced the declaration of quarterly cash dividends for four classes of its outstanding preferred stock.
Ark Invest increased its exposure to Coinbase, purchasing 111,799 shares worth approximately US$18.4 million.
Robo.ai (NASDAQ:AIIO) announced on June 18, 2026, that it has reached an agreement to acquire QC Capital, a technology holding and venture-building platform.
CoinMENA, a cryptocurrency exchange operating in the Middle East, has entered a banking agreement with Standard Chartered to enhance fiat payment services for customers in the United Arab Emirates.
Dogecoin (CRYPTO:DOGE) rose about 3.07% over roughly 39 hours and traded near US$0.0867.
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