President Trump's push for lower energy costs by increasing oil production may inadvertently raise prices, experts caution.
The U.S. president’s threat of slapping tariffs on major trading partners continues to rattle a crude market searching for clues on the direction of travel.
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential trade tariffs were not expected to impact economic growth.
To fulfil one of his major electoral agendas of providing cheap oil ('drill baby drill'), in his inaugural speech US President Donald Trump argued for increasing the domestic production of crude oil and utilising it to spur prosperity in US economy.
The Trump administration is fully engaged in a drive to eliminate virtually any government activity or mention related to climate change—with a few notable exceptions. Take, for example, a single tax credit in Joe Biden’s signature climate law that may have the best chance of survival out of any climate-coded policy.
OPEC warned that President Donald Trump ’s trade policies risk stoking volatility in global markets.
President Donald Trump’s energy and trade policies ... at a record 13.46 million barrels per day. At Davos, Trump challenged OPEC to lower oil prices by increasing production, warning that ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
US President Donald Trump’s administration is reportedly pressuring Iraq to restart Kurdish oil exports via Turkey, threatening sanctions and warning that the Arab country will suffer the same fate as Iran if it dares defy Washington’s orders.
Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission has shown.