Oil prices experienced a decline on Monday, after US President Donald Trump’s public call for OPEC to lower prices. This statement from Trump followed the announcement of extensive measures to increase US oil and gas production.

U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.

Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, Trump is no stranger to using sanctions and other coercive economic tools.

U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually lead to a new oil price war

Saudi Arabia's energy minister met his counterparts from the United Arab Emirates (UAE), Iraq and Libya on Monday following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries.

Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.

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

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.

By Newsbase 'Right now the price is high enough that that war will continue,' Trump said at Davos. WHAT: Trump is seeking OPEC support to bring down oil prices. WHY: The US President said lower oil prices would bring about a faster end to Russia’s war in Ukraine.

Oil prices have declined after US President Donald Trump called on OPEC to lower prices. The statement followed the announcement of large-scale measures to increase US oil and gas production during his first week in office,

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.