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 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.

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.

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President Trump told attendees at Davos that he’ll demand interest rates drop “immediately” and that he’ll ask Saudi Arabia and OPEC to cut the price of oil.“If the price came down, the Russia-Ukraine war would end immediately,

Crude oil futures fall as Trump urges Saudi Arabia to lower prices, potentially increasing output. Impact on global growth and U.S.

Indian state-owned oil refining company Indian Oil Corporation (IOC) is busy looking for alternative sources of crude oil after the U.S. imposed a large

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

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.

President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.