OPEC and Saudi spare oil production capacity
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S. official said on Tuesday.
Trump wants US oil producers to ‘drill, baby, drill.' They’re not interested: Report
Donald Trump’s mantra during his campaign for the presidency to the American public and U.S. oil producers was: “Drill, baby, drill.” One key problem? Oil producers aren’t interested. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
OPEC+ Can Appease Trump Even While Defying Him on Production
US President Donald Trump and Saudi Crown Prince Mohammed bin Salman during a March 2018 meeting at the White House. At the start of his second term, Trump called on OPEC+ to lower oil prices.
Opec sticks to production plan despite Trump pressure
The Opec+ alliance has stuck to its production policy amid pressure from US President Donald Trump to lower crude prices by boosting output. “The members of the JMMC [Joint Ministerial Monitoring Committee] reaffirmed their commitment to the DoC (Declaration of Co-operation),
OPEC+ likely to stick to oil output hike plan, sources say
OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, despite U.S. President Donald Trump urging OPEC to lower prices.
US producers, Saudi Arabia resist Trump's push for increased oil production, WSJ reports
American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production, signaling reluctance to align with his strategy to lower global energy prices,
Fuel oil rally seen short-lived as market shakes off US-Iran policy jitters
By Jeslyn Lerh SINGAPORE (Reuters) -Fuel oil margins climbed after U.S. President Donald Trump reimposed a stricter policy on ...
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
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Why OPEC Is Unlikely To Bow To Pressure From Trump
Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...
Oil Falls Despite Trump Reimposing ‘Maximum Pressure’ on Iran
Oil prices edged lower and while stricter enforcement of sanctions on Iran could put as much as 1 million barrels a day of oil supply at risk, the reduced flows from Iran won’t help lower prices, ...
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OPEC+ Sticks to Supply Plan as Trump Seeks Oil Price Cut
OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump ...
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OPEC Drops U.S. EIA as a Secondary Source Assessing Oil Production
OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...
Trump reimposes 'maximum pressure' on Iran, aims to drive oil exports to zero
U.S. President Donald Trumpon Tuesday restored his "maximum pressure" campaign on Iran that includes efforts to drive its oil ...
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OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.
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Why Trump’s oil price cut won’t budge Nigeria, OPEC
Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..
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Oman Invites Investors for Oil & Gas Concessions
Oman seeks investors to explore three oil and gas concession areas as part of its energy asset monetization. The Ministry of ...
OPEC+ rolls over oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...