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Donald Trump, OPEC and Saudi Arabia
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.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries.
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.
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.
Crude Oil Prices
1d
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, ...
2d
OPEC Update - January 2025
OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...
1d
Oil dips as traders look to Trump tariff fallout, OPEC plans
Oil edged lower as traders weighed the possible fallout from President Donald Trump’s planned tariffs on major US crude ...
Crude Oil Prices
1h
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 ...
1d
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' ...
6d
Trump once again calls for OPEC to drop oil prices
U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and ...
Zawya
1d
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 ...
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