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OPEC, Trump and Oil
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.
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 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.
Crude Oil Prices
3h
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 U.S. production.
7d
OPEC's share in India's annual oil imports rises after 8-year drop
OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...
14h
Daily on Energy: Energy nominees advance, Trump to press OPEC, and Trump talks FEMA
Energy nominees advance, Trump to press OPEC, and Trump talks FEMA WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, ...
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