The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.

Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.

Oil futures were lower in early Asian trading after President Trump said he wants crude prices to be lower, ANZ research analysts said.

President Trump said he wants OPEC and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

Energy nominees advance, Trump to press OPEC, and Trump talks FEMA WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, readers! Congress is inching closer to confirming the rest of President Do

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share remained steady, data obtained from trade sources showed.

Speaking remotely to the World Economic Forum annual meeting in Davos, Switzerland, President Donald Trump said he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries, or OPEC,

U.S. President Donald Trump on Thursday said he will ask Saudi Arabia and the OPEC coalition to bring down oil prices. Read more here.

OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic weakness in China, the world's biggest importer of oil.

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.