OPEC+ yet to react to Trump call for lower oil prices
OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a plan already in place to start raising oil output from April.
Trump wants OPEC to bring down oil prices. That could hurt America's booming energy industry.
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.
Oil at 2-week low as Trump’s efforts to lower crude prices imply a boost in output
Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers to boost output.
Oil falls as Trump urges lower prices, weighs tariffs
Oil fell on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum. Uncertainty over how Trump's proposed tariffs and energy policies would affect global economic growth and energy demand also weighed on prices.
Oil Prices Rise But on Track to End Week Lower on Trump Decisions
Oil rose though gains likely reflected a technical correction, while Trump’s tariff threats could disrupt energy flows, raise consumer prices and ultimately destroy consumption.
Trump may have given the Saudis and OPEC the excuse they needed to boost oil production
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.
Oil prices set to end week lower on Trump's energy policies
Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump issued a sweeping plan to boost U.S. production and demanded OPEC lower crude prices. Brent crude futures were up 32 cents,
Trump’s Return to OPEC Politics Complicates Oil Talks Next Month
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.
Oil Poised for Weekly Loss Amid Trump’s Energy Plans, OPEC Remarks
Crude futures were headed for weekly declines after President Trump outlined plans to boost domestic production and said he will ask Saudi Arabia and OPEC to lower oil prices.
Ukraine Sends Volley of Drones at Russia, Hitting Oil Refinery
Videos showed fireballs over a facility in Ryazan, 110 miles southeast of Moscow. Kyiv is seeking to disrupt Russian military ...
India says sanctioned Russian oil tankers can discharge before Feb 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest ...
Kremlin scoffs at Trump's claim that a drop in oil prices will help end Ukraine conflict
The Kremlin says a settlement in Ukraine can’t be facilitated by a drop in global oil prices as U.S. President Donald Trump ...
Chevron to Increase Output at Huge Oil Field in Kazakhstan
The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...
The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less ...
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Trump Tariff Threats Boost Uncertainty in Oil Markets
Trump is driving uncertainty in oil markets as he pressures OPEC to boost production while threatening some trade partners ...
U.S. crude oil edges lower for fourth straight day as market weighs tariff risks
Crude oil edged lower Wednesday after President Trump expanded his tariff threats to include a 10% levy on China and the ...
Trump's climate withdrawal creates rare discord with Big Oil
U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say ...