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Oil at 2-week low
Oil prices poised for weekly fall on Trump's energy policies
Oil prices were little changed on Friday but headed for a weekly decline after U.S. President Donald Trump issued a sweeping plan to boost U.S. production and demanded OPEC lower crude prices. Brent crude futures were down 9 cents at $78.
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.
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.
Crude Oil Prices
3h
Oil Prices Dip as Traders Brace for U.S. Production Boom
Crude oil prices dropped as traders reacted to Trump’s Davos speech urging OPEC to lower prices and expectations of increased U.S. production.
3d
Palm oil prices to average higher in 2025 on Indonesia biodiesel demand: Reuters poll
Malaysian crude palm oil (CPO) futures are expected to average higher in 2025 than last year, as top producer Indonesia ...
3h
Azerbaijani Oil Prices Decrease
Qabil Ashirov Read more On the world market, the price of one barrel of Azerbaijani Azeri Light oil has decreased by $0.76, ...
1d
Are ExxonMobil and Chevron the Best High-Yield Energy Stocks to Buy Now That Oil Just Topped $80 per Barrel?
In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...
Pacific Daily News
22h
UPDATED: Oil prices up but GPA will still seek lower bills, decision set for Jan. 30
The Guam Power Authority will still seek a rate reduction that could drop the average monthly bill by around $53.19, with the ...
Crude Oil Prices
2d
Oil Majors Borrow Billions for Buybacks as Production Wanes
Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...
3d
Oil majors brace for falls in LNG revenues as prices stabilise
The Title Transfer Facility, the European gas benchmark often used for LNG contracts in the region, traded at a high of more than €300 per megawatt hour and a low of €65/MWh in 2022. In 2024, the ...
11h
on MSN
S&P 500 closes at a new record, Dow jumps 400 points as Trump pushes for low rates, oil
The S&P 500 rallied to record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices.
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Donald Trump
OPEC
Petroleum
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