OPEC highlights engagement with US producers Barkindo says Trump scoldings just ‘miscommunication’ Hess Corporation CEO thanks OPEC for oil cuts London — The head of a US shale oil company on Wednesday sang the praises of OPEC for its price-bolstering production cuts of the last two years, a message the organization’s secretary general said he hopes US President Donald Trump is hearing. Receive daily email alerts, subscriber notes & personalize your experience. Register Now “OPEC members play a very important role in stabilizing the market for oil, so those efforts are to be recognized,” John Hess, the CEO of Hess Corp., said at the World Economic Forum in Davos, Switzerland. “We need higher prices and more stable prices.” Trump, who counts OPEC kingpin Saudi Arabia among his key allies, has been OPEC’s critic-in-chief, tweeting eight times at the producer group in 2018 to keep oil flowing and prices […]