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Trump Duped Saudis Into Lower Crude-Oil Prices to Keep Gas Prices Low, Reports Say

Prices per barrel have dropped from the mid $70s in October to the mid-$50s on Nov. 15. President Donald Trump convinced Saudi Arabia to increase oil output in June and to lobby other nations to do the same in e.....»»

Category: europeSource: fortuneNov 15th, 2018

President Trump Thanks Saudis for Keeping Crude Oil Prices Low

President Trump Thanks Saudis for Keeping Crude Oil Prices Low $OIL, $USO, $UNG, $UGA US President Donald Trump sent out a Tweet thanking Saudi Arabia for lower worldwide Crude Oil prices Wednesday after receivin.....»»

Category: topSource: livetradingnewsNov 24th, 2018

ConocoPhillips reports 58% fall in quarterly profit

U.S. oil and gas company ConocoPhillips reported a 58% plunge in adjusted quarterly profit on Thursday, weighed down by lower output and an unprecedented plunge in crude prices......»»

Category: topSource: reutersApr 30th, 2020

The End of the Beginning of the Oil Price War

An agreement among the Saudis, the Russians, and the Americans over the weekend will lead to lower crude production beginning next month and, producers hope, higher prices......»»

Category: blogSource: 247wallstApr 13th, 2020

Pacific Ethanol shares plunge with oil market, reversal of Trump policy

Shares in Sacramento-based Pacific Ethanol Inc. sank even worse than the market indices Monday on a string of bad news for the ethanol industry. The past four days have seen reports of declining fuel use, falling crude oil prices and the reversal o.....»»

Category: topSource: bizjournalsMar 9th, 2020

Oil flat as weak U.S. economic data weighs, lower output supports

Oil prices steadied on Tuesday, pressured by weak U.S. economic data that dimmed the crude demand outlook, while finding some support from reports of an output decline from the world's largest oil producers in the third quarter......»»

Category: topSource: reutersOct 1st, 2019

Oil sinks 3% as Trump again pressures OPEC to lower crude prices

Oil prices fell 3% on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices......»»

Category: topSource: reutersApr 26th, 2019

Oil sink 3% as Trump again pressures OPEC to lower crude prices

Oil prices fell 3% on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices......»»

Category: topSource: reutersApr 26th, 2019

Oil tumbles more than 3% as Trump again urges OPEC to lower prices

Oil prices sank more than 3 percent on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices......»»

Category: topSource: reutersApr 26th, 2019

Oil drops 3 percent after Trump again tells OPEC to lower prices

Oil prices tumbled more than 3 percent on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices......»»

Category: topSource: reutersApr 26th, 2019

Bond Report: Treasury yields rise as oil prices surge amid U.S.’s decision to end Iranian oil-import waivers

Treasury prices fall Monday, lifting yields, as the Trump administration says it will end waivers for countries importing Iranian oil, reports of which had driven crude prices higher......»»

Category: topSource: marketwatchApr 22nd, 2019

Beijing Reportedly Open To "Major Concessions" On Technology Transfers, Cloud Computing

President Trump can still hammer crude prices lower wi.....»»

Category: blogSource: zerohedgeMar 28th, 2019

Futures Movers: Oil ends lower as EIA reports first U.S. crude supply build in 3 weeks

Oil prices finish lower on Wednesday after a U.S. government report reveals a weekly increase in domestic crude supplies, defying market expectations for a third-weekly decline......»»

Category: topSource: marketwatchMar 27th, 2019

Futures Movers: Oil prices mostly lower as EIA reports first domestic crude supply build in 3 weeks

Oil prices trade mostly lower on Wednesday after a U.S. government report reveals a weekly increase in domestic crude supplies, defying market expectations for a third-weekly decline......»»

Category: topSource: marketwatchMar 27th, 2019

Oil prices turn lower as EIA reports unexpected rise in U.S. crude supplies

Oil prices turned lower Wednesday after the U.S. Energy Information Administration said crude supplies rose unexpectedly by 2.2 million barrels for the week ended Apri.....»»

Category: topSource: marketwatchApr 25th, 2018

Oil recovers after Trump tweet jolts prices lower

Crude futures came under pressure Friday but recovered from a sharp drop after President Donald Trump suggested in a tweet that OPEC is keeping oil prices artificially high......»»

Category: topSource: moneycentralApr 20th, 2018

Market Snapshot: Stock market fall as energy, Apple offset GE rally; indexes set for weekly gains

U.S. stocks edge lower on Friday, as the latest batch of corporate earnings were unable to fully offset comments from President Donald Trump about crude-oil prices that sent the commodity lower and pressured the energy sector......»»

Category: topSource: marketwatchApr 20th, 2018

Market Snapshot: Stock market lower as energy, Apple offset GE rally; indexes set for weekly gains

U.S. stocks edge lower on Friday, as the latest batch of corporate earnings were unable to fully offset comments from President Donald Trump about crude-oil prices that sent the commodity lower and pressured the energy sector......»»

Category: topSource: marketwatchApr 20th, 2018

Oil Falls After Trump Says High Crude Prices 'Will Not Be Accepted' - Wall Street Journal

Wall Street JournalOil Falls After Trump Says High Crude Prices 'Will Not Be Accepted'Wall Street JournalLONDON—Oil prices turned lower Friday after President Donald Trump said high crude prices “will not be accepte.....»»

Category: topSource: googlenewsApr 20th, 2018

Market Snapshot: Stock market edges lower as Trump weighs on oil; indexes set for weekly gains

U.S. stocks edge lower on Friday, as the latest batch of corporate earnings were unable to fully offset comments from President Donald Trump about crude-oil prices that sent the commodity lower and pressured the energy sector......»»

Category: topSource: marketwatchApr 20th, 2018

Oil falls as Trump goes after OPEC in a tweet

Crude futures turned sharply lower after President Donald Trump said he would not tolerate OPEC boosting oil prices......»»

Category: topSource: moneycentralApr 20th, 2018