Trump should call on Opec in his bid to negotiate with Putin
Enter Donald Trump. The new US president could call on Opec. He can pledge to ratchet up oil sanctions on Russia to the point where their impact becomes more acute: these would target not only producers, but refiners, ports, insurers and the shadow fleet. He can also apply more political pressure on China, India and Turkey to support compliance.
Russia pumped 2.8% lower volumes of crude oil and condensate in 2024 from a year earlier, while its natural gas production ...
Oil edged lower as traders weighed the possible fallout from President Donald Trump’s planned tariffs on major US crude ...
Oil prices fell more than 1% on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement ...
Oil traders expect OPEC+ to stick with its current supply policy at a review meeting next week, resisting pressure from ...
Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...
Oil recovered after sinking by almost 2% on Monday, as traders weighed risks to crude supplies from Libya’s major ports ...
Oil prices edged up on Monday, with traders still on edge despite the U.S. pulling back from initial sanctions threats ...
Rumaila, the biggest oilfield in Iraq capable of pumping about 1.5 million barrels per day (bpd), has seen its oil production cut by 300,000 bpd since a fire broke out at the huge field last week, an ...
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