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.

President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

Crude oil futures fall as Trump urges Saudi Arabia to lower prices, potentially increasing output. Impact on global growth and U.S.

The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.

Nigeria is preparing to persuade the Organisation of Petroleum Exporting Countries (OPEC) to increase its oil production quota as

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share remained steady, data obtained from trade sources showed.

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.

Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.

EUR/USD gathers bullish momentum and rises toward 1.0500 in the European session on Friday. The upbeat PMI data from Germany and the Eurozone, which showed an expansion in the private sector's business activity in January, provide a boost to the Euro and helps the pair push higher.

The P/E ratio measures a company's stock price relative to its earnings per share. A high P/E suggests that a stock has become expensive compared to its earnings - a crucial fundamental for a company - and is potentially overvalued.