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.

President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, while also threatening additional sanctions against Russia.

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.

President Donald Trump of the United States, US, on Friday said the Organization of the Petroleum Exporting Countries, OPEC, is making too much money.

Welcome to Next Africa, a twice-weekly newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email.

President Donald Trump will give a virtual address and answer questions from the World Economic Forum on Thursday.

Indian state-owned oil refining company Indian Oil Corporation (IOC) is busy looking for alternative sources of crude oil after the U.S. imposed a large

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as

Saudi Arabia is set to invest $600 billion in the U.S. over the next four years. This investment is linked to Donald Trump's close relations with the Saudi royal family. Simultaneously, Trump declares that with the Saudis' help,

Oil futures tallied their first weekly loss in five weeks on Friday as recent comments from President Donald Trump suggested he would pressure major oil producers to boost crude output.

The perception of the impact of President Trump’s tariff threats and his call for OPEC to lower prices fueled price drops. However, no actual supply/demand dynamics have