OPEC, Trump and Oil Prices

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 falls as Trump repeats call for OPEC to cut prices
Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.
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 inches higher as Trump repeats tariff plans, market awaits next OPEC move
Crude oil futures rose as President Trump threatened tariffs on imports from Canada and Mexico, with uncertainty over how OPEC+ may respond to Trump's call for the group to reduce prices.
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.
Oil falls as Trump urges OPEC to lower prices
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.
Trump Once Again Calls for OPEC to Drop Oil Prices
ASHEVILLE, NC. (Reuters) - 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 edges lower as focus turns to OPEC response to Trump’s call for more output
Oil futures steadied Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders turned their attention to a meeting of ministers from OPEC+ — made up of the Organization of the Petroleum Exporting Countries and its allies — and their response to President Trump’s call for increased production.
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Why OPEC Is Unlikely To Bow To Pressure From Trump
Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...
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 ...
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 ...
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Angola’s Oil Sector Making A Comeback After OPEC Exit
Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...
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OPEC Fund delivers record $2.3bln in development finance in 2024
Advancing partnerships: A co-financing agreement with the World Bank Group; MoUs with IFAD, FONPLATA; Country Framework ...
Is Rio Tinto Group (RIO) Among the Best ASX Stock to Buy According to Hedge Funds?
We recently compiled a list of the 10 Best ASX Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Rio Tinto Group (NYSE:RIO) stands against other best ASX ...
US imports of Canadian and Mexican crude oil by company
Many U.S. oil refiners rely heavily on imported crude because their facilities are configured to run heavier grades, such as ...