Will Trump's Calls For OPEC To Lower Oil Prices Work?
Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' Bart Melek discusses why prices are likely to climb despite this.
Oil prices slip as Trump urges OPEC to cut prices; Russian supply remains strong despite sanctions
Oil prices experienced a decline on Monday, after US President Donald Trump’s public call for OPEC to lower prices. This statement from Trump followed the announcement of extensive measures to increase US oil and gas production.
Trump once again calls for OPEC to drop oil prices
U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and help bring an end to the war in Ukraine.
Oil dips as traders look to Trump tariff fallout, OPEC plans
Oil edged lower as traders weighed the possible fallout from President Donald Trump’s planned tariffs on major US crude supplier Canada and other countries and reports OPEC will evaluate potential changes to America’s energy policy.
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 may have given the Saudis and OPEC the excuse they needed to boost oil production
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.
Trump’s Russia sanctions might be what finally works
Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, Trump is no stranger to using sanctions and other coercive economic tools.
Crude Oil Prices3d
Will Trump Trigger a New Oil Price War Between OPEC and The West?
U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually lead to a new oil price war
Donald Trump Makes New Demands of Saudi Arabia, OPEC at Davos
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Fed holds interest rates steady, defying pressure from Trump
Federal Reserve keeps interest rates unchanged, defies Trump
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which became a regular feature during his first term.
Saudi, UAE, Iraq, Libya energy ministers meet after Trump OPEC comments
Saudi Arabia's energy minister met his counterparts from the United Arab Emirates (UAE), Iraq and Libya on Monday following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries.
Kyiv Independent on MSN2d
Trump's stance on Ukraine, Russia — what we know from his first week in office
For those with a vested interest in Ukraine, U.S. President Donald Trump's first week in office was a bit of a rollercoaster. During his first presidential term, Trump famously praised Russian President Vladimir Putin.