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 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. Trump claimed the Saudis and OPEC were responsible for fueling the war in Ukraine through higher oil prices.
Oil Prices, Treasury Yields Slip After Trump Speaks at Davos
Oil prices and Treasury yields fell Thursday in response to comments made by President Trump to the World Economic Forum. Trump, in a video address from Washington, said that he would ask the Saudi-led Organization of the Petroleum Exporting Countries to lower oil prices.
Trump asks Saudi, OPEC to lower oil prices: Could end Ukraine war immediately
Addressing executives at the World Economic Forum in Davos, Trump minced no words as he accused the Saudis and OPEC of sustaining Russia’s military offensive in Ukraine by maintaining high oil prices.
Oil Prices Fall Ahead Of Trump Inauguration
Oil prices fell as traders await clarity on President-elect Donald Trump's policy agenda, while banks predict prices will fall below $60 per barrel during his term.
Trump Says Lower Oil Prices Would End Ukraine War 'Immediately'
US President Donald Trump said Thursday that lower oil prices could end war in Ukraine immediately, addressing the World Economic Forum in Davos, Switzerland, remotely.
Trump vows to slash oil prices to halt Ukraine conflict
Trump declared that he will strive to lower the price of oil to end the war in Ukraine. "I will ask Saudi Arabia and OPEC to lower the price of oil. It needs to be lowered! We need to end the war!" Trump said during the economic forum in Davos.
4 Big Cap Oil Stocks: Breaking Out And Hitting New Highs
DT Midstream is an oil and gas exploration company with a market cap of $11.34 billion. The price-earnings ratio is 21.
Citi raises average 2025 oil price forecasts, citing geopolitical risks
Citi on Wednesday raised its oil price outlook for 2025 due to geopolitical risks centred on Russia and Iran, but noted ...
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Oil (WTI) Price
1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 553.01 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.79 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter ...
Azerbaijani Oil Prices Decrease
Qabil Ashirov Read more On the world market, the price of one barrel of Azerbaijani Azeri Light oil has decreased by $0.76, ...
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Price of oil rises in anticipation of Trump and 'maximum pressure campaign'
Surprise sanctions package against Russia has grounded tankers while Trump's return brings greater uncertainty to market ...
Better Oil Stock: Chevron vs. Devon Energy
The core business model is what you need to think about if you are comparing oil industry players Devon Energy (NYSE: DVN) ...
Palm oil prices to average higher in 2025 on Indonesia biodiesel demand: Reuters poll
Malaysian crude palm oil (CPO) futures are expected to average higher in 2025 than last year, as top producer Indonesia ...