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Trump, OPEC and Oil
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.
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.
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 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,
3h
Stock Market Today: Dow, S&P 500 edge higher as Trump demands lower interest rates and oil prices; Nasdaq lower
Track the market's reaction to President Donald Trump's speech in Davos, Switzerland, as well as corporate earnings and other ...
21h
on MSN
U.S. crude oil edges lower for fourth straight day as market weighs tariff risks
Crude oil edged lower Wednesday after President Trump expanded his tariff threats to include a 10% levy on China and the ...
1h
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 ...
36m
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 influence on interest rates.
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
22h
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 ...
1d
on MSN
Oil Declines as Trump Tariff Threats Overshadow Russia Sanctions
Oil edged lower after President Donald Trump threatened tariffs on China and the European Union, while traders continued to ...
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