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Trump, OPEC and Oil prices
Oil prices settle pennies higher, down for week as Trump touts energy policy
Oil prices settled slightly higher on Friday but posted a weekly decline, ending four straight weeks of gains, after U.S. President Donald Trump announced sweeping plans to boost domestic production while demanding that OPEC move to lower crude prices.
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.
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.
16h
Oil News: Can OPEC Stand Firm Against Trump’s Demand for Higher Oil Output?
Trump’s push for cheaper oil, rising U.S. inventories, and OPEC’s next move weigh heavily on crude oil markets. Will prices ...
1d
on MSN
Chevron sees 1 million barrels per day from one of the world’s biggest oil fields in this OPEC+ state
Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of ...
2d
Trump Tells Davos Crowd He Will Demand Lower Interest Rates, Oil Prices
U.S. President Donald Trump gives remarks at the World Economic Forum WEF Annual Meeting in Davos, Switzerland, Jan. 23, 2025 ...
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