Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.
Mission 300 has the potential to be a real game-changer for millions of people in Africa. Access to electricity will support livelihoods, empower people to set up businesses, unlock opportunities and generate economic growth.
"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.
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.
Oil Prices Fall After Four Weeks of Gains as U.S. Boosts Domestic Supply. Will Trump’s policies hurt crude oil’s recovery?
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’s push for cheaper oil, rising U.S. inventories, and OPEC’s next move weigh heavily on crude oil markets. Will prices fall further?
President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, while also threatening additional sanctions against Russia.
Oil prices fell about 3% to a two-week low on Monday, pressured by losses in Wall Street technology and energy stocks, as investors took cover after news of surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model.
Using Fed funds futures as a guide suggests that the central bank will leave its target rate unchanged at a 4.25%-to-4.50% range at Wednesday’s policy announcement. Click to read.
HAL’s peer SLB stock (NYSE: SLB) is up 10% during the same period. SLB saw its revenues and earnings exceed expectations in Q4 results last week, driven by increased activity in North America and internationally.