OPEC, Trump and oil

OPEC+ move seeks to please Trump but risks worsening oil oversupply
The Organization of the Petroleum Exporting Countries and allies’ decision to raise crude oil production from April seems more like a move to please US President Donald Trump. The eight OPEC+ countries that voluntarily reduced their oil production levels had reached a consensus on Monday to gradually increase output and reverse these cuts starting
OPEC+'s 'healthy' crude oil market is an illusion, Trump effect isn't
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market fundamentals and the positive market outlook."
OPEC Plus Set To Increase Supply Of Oil In Coming Years As Trump Calls To Lower Cost Of Oil
Eight OPEC+ member countries will go forward with plans to increase oil production amid President Donald Trump’s calls for reducing the cost of oil. The organization, headed by Saudi Arabia and Russia,
Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the markets.
Oil drops for third day on OPEC+ output increase, Trump tariffs
Oil prices declined for a third day on Wednesday, as investors worried about OPEC+ plans to proceed with output increases in April, and U.S. President Donald Trump's tariffs on Canada, China and Mexico escalated trade tensions.
Trump exposes OPEC's diminished market power
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Oil prices fall as OPEC nations raise production
Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
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OPEC+ Caves to Trump Pressure—But Throws Just a Bone
The move is more likely aimed at balancing geopolitical risks and appeasing President Trump amid his push for lower oil prices.
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Trump reimposes 'maximum pressure' on Iran, aims to drive oil exports to zero
Ahead of his meeting with Israeli Prime Minister Benjamin Netanyahu, Trump signed the presidential memorandum reimposing Washington's tough policy on Iran that was practiced throughout his first term ...
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Report reveals how Nigeria surpassed OPEC production quota
Nigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization ...
OPEC February oil output rises as Iran exports keep flowing
OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...
Trump’s policies are driving down oil prices, will cost jobs, hurt the economy
Trump promised lower energy prices, and he’s using the White House to bring them down, even if it hurts American oil and gas ...