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Trump’s oil price strategy

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.

Markets Insider on MSN · 13h

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.

MarketWatch on MSN · 13h

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.

Indian Oil Corporation, Russia and US Sanctions

Reuters on MSN · 1d

India's BPCL sees March Russian oil intake down 20% as it awaits offers

India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as it awaits offers from traders, its head of finance Vetsa Ramakrishna Gupta told an analyst call on Thursday.

U.S. News & World Report · 1d

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.

Bloomberg L.P. · 1d

Indian Oil to Rebalance Crude Buying After Russia Sanctions

Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.

12hon MSN

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 ...

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 ...

2d

4 Big Cap Oil Stocks: Breaking Out And Hitting New Highs

DT Midstream is an oil and gas exploration company with a market cap of $11.34 billion. The price-earnings ratio is 21.

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, ...

2don MSN

Trump Targets Alaska's Oil and Other Resources as Environmentalists Gear up for a Fight

Alaska's political leaders are cheering an expansive executive order signed by President Donald Trump that aims to boost oil ...

22h

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 ...

Oil set for first weekly drop this year as Donald Trump rattles market

West Texas Intermediate fell toward $74 a barrel, and is down almost 5% this week, while Brent closed near $78.

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