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OPEC, Trump
Trump Pressures OPEC to Lower Oil Prices, Aims to End Ukraine War
President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, while also threatening additional sanctions against Russia.
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 Poised for Weekly Loss Amid Trump's Energy Plans, OPEC Remarks
Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and WTI both rose 0.
9h
When it comes to oil, Trump ‘can’t have [his] cake and eat it too,’ says analyst
President Donald Trump needs to choose what he wishes for — a lower oil price or higher domestic crude volume — because “he ...
Crude Oil Prices
21h
Oil Prices Dip as Traders Brace for U.S. Production Boom
Crude oil prices dropped as traders reacted to Trump’s Davos speech urging OPEC to lower prices and expectations of increased ...
The Punch on MSN
1h
Nigeria’s 2mbpd oil plan may cause showdown with OPEC – Report
The ongoing plan by the Federal Government to increase crude oil production to 2.062 million barrels per day could potentially lead to a confrontation with the Organisation of Petroleum Exporting ...
1d
Amid US sanctions, oil buyers pull all levers to replace Russian shipments
As Indian companies begin talks with Saudi Arabia and Abu Dhabi this week, traders say discussions between refiners and the ...
Crude Oil Prices
2d
The End of Cheap Oil? Sanctions Spark Scramble for Supply
The oil market has shifted from concerns of a surplus to fears of a deficit due to factors such as sanctions and increased ...
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