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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 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.
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.
Crude Oil Prices
18h
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 ...
Hosted on MSN
11h
Are Crude Oil Prices Too High?
Barchart report on the energy sector, I concluded that the oil market faced bullish and bearish factors in early 2024, ...
11h
Oil Prices Are Fairly Valued, for Now
This week’s EIA data has reaffirmed how WTI trading in the mid-$70s is exactly where it should be, at least for the time ...
1d
Crude Futures Retreat as Trump Calls for Lower Prices
Oil futures lose ground, assisted by President Trump's call for Saudi Arabia and OPEC to bring down prices, implying a need to raise output. Ritterbusch sees Trump's energy messages as bearish on ...
Hosted on MSN
3d
Crude Prices Tumble as President Trump Vows to Boost US Crude Production
WTI crude oil (CLG25) today is down -1.27 (-1.63%), and February RBOB gasoline (RBG25) is down -0.0113 (-0.53%). Crude and ...
10d
on MSN
Low Oil Stocks at Cushing, Okla. Have Outsized Influence on Near-Term Crude Prices
Further near-term declines in Cushing stocks would likely put more upward pressure on crude spread — the difference between ...
2d
Prices of Canadian, U.S. WTI crude to Asia jump after shipping rates rally, sources say
Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...
20h
on MSN
Trump Pushes for More Oil and Gas, Says U.S. Can ‘Supply the Whole World with Energy’
We have more oil and gas than any other country, and we’re going to have more,’ Trump told Hannity, adding he intends to tap ...
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