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

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

President Trump has responded to reports that OPEC and its partners may want to reduce crude oil production even further with a tweet that prices are artificially high and "will not be accepted.".....»»

WTI/RBOB prices ended the day lower but bounced a little after Trump's statement, running flat into API but a pushed WTI briefly back above $70 following a surprise crude draw (and large product draws).   API C.....»»

U.S. President Donald Trump criticized drugmakers, health insurers, and pharmacy benefits managers for making prescription drugs unaffordable for Americans, announcing his new plan to lower drug prices. Aleksandra Michalska reports......»»

The immediate trigger for a decline in oil prices was reports that OPEC and Russia were discussing an increase in oil production. Stocks ended lower on May 25 as crude pr.....»»

When President Trump complained about how rising interest rates were slowing economic growth on Thursday, the dollar immediately weakened. A weaker greenback typically means lower crude oil prices.........»»

Chinese tariffs on US soybeans could push plummeting prices even lower. Will Trump's $12 billion stimulus to help farmers impacted by tariffs be enough? CNN's Tom Foreman reports......»»

Oil prices continued to trade lower Wednesday after the Energy Information Administration reported that domestic crude supplies rose by 3.8 million barrels for the week ended July 27. Analysts surveyed b.....»»

Oil prices continued to trade lower on Thursday after the Energy Information Administration reported that domestic crude supplies fell by 4.3 million barrels for the week ended Aug. 31. The data were released a day later than usual due to Monday's Labor D.....»»

U.S. President Donald Trump linked American support for Middle Eastern countries to oil prices as he again urged OPEC to lower prices. Roselle Chen reports......»»

Oil futures end with a loss on Thursday after President Donald Trump in a tweet calls for the Organization of the Petroleum Exporting Countries to maintain lower crude-oil prices......»»

Prices for U.S. benchmark crude pared much of their earlier gains on Tuesday as President Donald Trump again pressured OPEC to lower oil prices and said the U.S. won't put up with "horrible" prices much longer. In a tweet, Javier Blas, chief energy cor.....»»

OPEC of ‘Ripping Off’ World, President Trump Calls for Lower Crude Oil Prices $DIA, $SPY, $QQQ, $RUTX, $VXX, $USO, $OIL Tuesday, US President Donald Trump accused members of the OPEC cartel of “ripping off” the world, as he c.....»»

Oil prices decline Tuesday, a day after the Trump administration granted waivers to allow eight nations to continue buying Iranian crude despite U.S.-driven economic sanctions against the Islamic Republic......»»

U.S. oil prices turned lower Wednesday after the Energy Information Administration reported that domestic crude supplies rose by 5.8 million barrels for the week ended Nov. 2. That marked a seventh consecutive week of gains. Analysts surveyed.....»»

President Donald Trump apparently doesn’t think crude-oil prices are low enough......»»

A jolt lower for oil since peaking in October has helped crude futures to carve out a bearish record.....»»

U.S. crude prices fell for the 11th consecutive session, the most on record since the contract began trading, retreating from a rally early in the session as U.S. President Donald Trump said he hoped there would be no oil output reductions......»»

Saudi Arabia convinced oil producers to hike output ahead of tough U.S. sanctions on Iran, but the Trump administration ultimately allowed some of the Islamic Republic's biggest customers to keep importing its crude......»»

Oil prices plummeted Tuesday, snapping four days of gains and renewing a sell-off that has plunged crude futures into bear market......»»