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Trump’s oil price strategy
Oil turns lower as traders assess Trump tariff threats, efforts to lower crude prices
Oil futures turned lower Thursday 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.
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.
President Trump calls on OPEC to lower oil prices at economic forum
President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World Economic Forum on Thursday, saying it would immediately end the war in Ukraine.
Indian refiners can't access Russian oil cargoes
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 vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
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.
Why Indian refiners can’t access Russian oil cargoes
The recent implementation of new US sanctions targeting Russian oil producers, tankers, and insurers has created a disruption in the supply chain. Middlemen who were previously involved in supplying Russian oil to Indian refiners,
10h
Morning Bid: Stocks hover near new records, oil ebbs
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
2d
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 ...
Crude Oil Prices
21h
U.S. Intervention in Iraq's Oil Dispute Sparks Backlash
The ongoing oil dispute between Baghdad and Kurdistan intensifies as US intervention sparks backlash and highlights the power ...
1d
Ecuador eyes $42 bln in oil sector investments through 2029
Ecuador expects foreign oil companies to invest around $42 billion in the sector over the next five years, acting Energy ...
2h
Oil Futures Slip on Trump Comments
Oil futures recover from a swoon after President Trump said he would ask Saudi Arabia and OPEC to lower crude prices, which would imply the producer group bringing back some withheld production. "I ...
13h
India Oil Buyers Pull All Levers to Replace Russian Shipments
Oil refiners in India are reaching for all available options in the rush to make up for Russian flows hit by Washington’s ...
20h
on MSN
Trump's climate withdrawal creates rare discord with Big Oil
U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say ...
11h
Oil Volatile Amid U.S. Policy Uncertainty
Oil prices continue to be volatile in early trade amid uncertainties over the impact of U.S. President Donald Trump's energy ...
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