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Trump, OPEC and oil 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.
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.
Indian Oil Corporation, Russia and US Sanctions
India's BPCL sees March Russian oil intake down 20% as it awaits offers
India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as it awaits offers from traders, its head of finance Vetsa Ramakrishna Gupta told an analyst call on Thursday.
Middlemen Have Halted Russian Oil Cargo Offers After US Sanctions, Indian Refiner Says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum.
Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.
1h
Kremlin says Ukraine conflict is about national security, not oil
The Ukraine war is about Russia's national security and not about oil prices, the Kremlin said on Friday after U.S. Donald ...
13h
on MSN
The S&P 500 closes at a record high as Trump pushes for cheaper oil and lower interest rates
Oil prices fell after Trump's comments, while the 10-year US Treasury yield rose, signaling that Trump may have less ...
1d
on MSN
How a Trump Trade War Puts Cheap Oil From Canada at Risk
The cheap Canadian oil America craves is becoming a key bargaining chip in President Trump’s threatened trade war.
2d
Trump Tariff Threats Widen Gap Between US, Canada Oil Stocks
President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with ...
14h
Is it really cheaper to change your own oil? Expert goes to Walmart, finds everything you need. Now he knows for certain
“Something to think about,” Ben noted. “Maybe get your oil changed at Walmart. It costs a little bit more money, but you don’t get your hands all dirty, and you could sit in there and do some homework ...
3d
Oil Majors Flirt With Electricity
As power generators such as Vistra soar, oil-and-gas giants are dipping their toes into a business where they have some ...
22h
Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of ...
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