News

The Saudis are hurting the US oil industry. Trump’s unlikely to talk about it.
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
The Economist12d
Donald Trump is throttling America’s oil industry
Since he returned to the Oval Office the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see ...
Trump’s Thirst for Cheap Oil Irks an Industry He Loves to Praise
Terrel Hardin was at a diner along Route 66 in western Oklahoma when his phone rang with bad news: The engine on one of his ...
Daily Express US on MSN11d
Trump breaks with tradition in landmark visit to Saudi Arabia as he aims to clinch deals
President Trump lands in Riyadh, breaking tradition with a high-stakes meeting that has the potential to reshape US-Saudi ...
Saudi oil price war looks like unspoken gift to Trump
Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the ...
Trump Favors $40-$50 Oil, Goldman Says After Sifting Posts
US President Donald Trump appears to prefer oil prices between $40 and $50 a barrel, according to Goldman Sachs Group Inc., ...
Oil prices fall 4% after Trump raises hopes of a U.S.-Iran nuclear deal
Speaking in Qatar, U.S. President Donald Trump said the U.S. was getting close to securing a nuclear deal with Iran.
OPEC expects slower 2025 oil supply growth from rivals after price drop
OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
Saudi Arabia’s $600 billion promise to the U.S. needs oil prices to stay high—which will likely anger Trump
Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.
Oil Extends Weekly Slump as Trump Floats 50% Tariff on the EU
Oil extended this week’s decline after US President Donald Trump threatened to slap a 50% tariff on the European Union.Most ...