Oil at 2-week low as Trump’s efforts to lower crude prices imply a boost in output
Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers to boost output.
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 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.
Oil ends lower as Trump’s output and tariffs plans fuel supply uncertainty
Oil futures fell early Tuesday as traders weighed President Donald Trump’s vow to boost already record U.S. crude output against the threat of a steep tariff on Canadian imports and a call to replenish the Strategic Petroleum Reserve.
Oil Prices May Move on Trump Administration’s Policies in Near Term
Crude futures were down and Pepperstone said Trump’s energy emergency declaration and push for energy independence are significant drivers of bearish momentum.
Oil falls as Trump urges lower prices, weighs tariffs
Oil fell 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. Uncertainty over how Trump's proposed tariffs and energy policies would affect global economic growth and energy demand also weighed on prices.
Oil ticks higher as traders assess Trump tariff threats, await inventory data
Oil futures rose Thursday, with U.S. prices set to tally their first gain in five sessions, as traders showed concern that President Donald Trump’s threats of 25% tariffs against Canada and Mexico may crimp crude supply for U.
Oil Swings as Traders Assess Trump Tariffs and Russia Sanctions
Oil fluctuated after President Donald Trump threatened tariffs on China and the European Union, while traders continued to assess the fallout from unprecedented US sanctions on Russia.
Oil Futures Edge Lower; Markets Digest Trump Oil Policy
Oil futures edged lower in early Asian trading. The market was digesting the impact of U.S. President Trump’s raft of new energy policies, ANZ said.
Crude Oil Prices23h
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