Vandana Hari, Founder & CEO of Vanda Insights, discusses current oil market trends and the impact of geopolitical risks. She ...

If Trump successfully boosted production and cut oil prices, it could actually make drilling unprofitable, Majkut said. Unlike in OPEC countries — where political decisions drive production ...

Oil executives and employees have grown in significance for Trump as his fundraising base has narrowed. The industry is now ...

"President Trump said the United States committed to ... further pushing down the price of crude. On Thursday, the Opec producers' organisation and its allies reached a tentative agreement to ...

Second, OPEC — at the request of President Trump — sharply cut production in 2020. When the economy began to strongly recover, loss of production from U.S. producers and lower production from ...

It is expensive," a Saudi official told the paper. Mr Trump has repeatedly criticised Opec even though US ally Saudi Arabia is a core member. On 20 April he tweeted that oil prices were ...

A sharp drop in oil prices saw miners and energy firms drag on the FTSE 100 on Tuesday, after an influential outlook for ...

OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...

Donald Trump's executive orders advancing their construction ... and is now begging Saudi Arabia and OPEC not to cut oil production. This is a result of the unintended — but predictable ...

OPEC delegates consider this a signal that the Saudis are ready to engage in a price war. The minister called out OPEC+ members who are producing above their quota. Saudi Arabia's oil minister ...