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Trump asks Saudi, OPEC to lower oil prices
Oil Poised for Weekly Loss Amid Trump's Energy Plans, OPEC Remarks
Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and WTI both rose 0.
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 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.
16h
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.
newsbytesapp.com
4h
Trump says Saudi's one move would end Russia-Ukraine war 'immediately'
Trump also said he would like to meet Russian President Vladimir Putin to negotiate an end to the war, citing loss of life as ...
16h
Daily on Energy: Energy nominees advance, Trump to press OPEC, and Trump talks FEMA
Energy nominees advance, Trump to press OPEC, and Trump talks FEMA WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, ...
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