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OPEC, Trump
Oil inches higher as Trump repeats tariff plans, market awaits next OPEC move
Crude oil futures rose as President Trump threatened tariffs on imports from Canada and Mexico, with uncertainty over how OPEC+ may respond to Trump's call for the group to reduce prices.
Oil falls as Trump repeats call for OPEC to cut prices
Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.
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.
Crude Oil Prices
2h
Angola’s Oil Sector Making A Comeback After OPEC Exit
Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...
Institute for Energy Research
2d
Lower Global Oil Prices are Expected Under the Trump Administration
The Energy Information Administration (EIA), in its January Short-Term Energy Outlook, is forecasting global oil prices ...
7d
Donald Trump Makes New Demands of Saudi Arabia, OPEC at Davos
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
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