Oil falls on prospect of Trump pushing up crude supplies
Oil markets sank on Friday, a day after U.S. President Donald Trump pressured OPEC and its de facto leader Saudi Arabia to lower prices in a broad push to drive up crude production.
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 turns lower after Trump says he'll ask Saudi Arabia and OPEC to bring the price down
Crude oil futures fell on Thursday after President Donald Trump said he will ask Saudi Arabia and OPEC to reduce prices. “I’m also going to ask Saudi Arabia and OPEC to bring down the cost of oil,” Trump said in an address to the World Economic Forum.
Oil falls as Trump urges OPEC to lower prices
Oil fell 1% 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.
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.
President Trump calls on OPEC to lower oil prices at economic forum
President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World Economic Forum on Thursday, saying it would immediately end the war in Ukraine.
Oil Prices Steady as Investors Debate Trump 2.0 Policies
Investors also remained cautious as Trump's trade policy remained unclear. He said he was thinking of imposing 25% tariffs on imports from Canada and Mexico from Feb. 1, rather than on his first day in office as previously promised.
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 Futures Drop After Trump Asks OPEC to Slash Prices
Oil futures were lower in early Asian trading after President Trump said he wants crude prices to be lower, ANZ research analysts said.
Oil prices set to end week lower on Trump's energy policies
Oil prices were little changed on Friday but headed 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 6 cents at $78.
The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates
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Oil prices fall as Trump urges lower oil costs, weighs tariff
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How a Trump Trade War Puts Cheap Oil From Canada at Risk
The cheap Canadian oil America craves is becoming a key bargaining chip in President Trump’s threatened trade war.
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 ...
Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...
Oil Majors Flirt With Electricity
As power generators such as Vistra soar, oil-and-gas giants are dipping their toes into a business where they have some ...
Oil Swings as Traders Assess Trump Tariffs and Russia Sanctions
Oil fluctuated after President Donald Trump threatened tariffs on China and the European Union, while traders continued to ...