The Latest Breaking News from OPEC

Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen weakened slightly ahead of an expected interest rate hike by the Bank of Japan later in the day.

Trump says Opec should cut oil prices to starve Russia of war funding; Ukraine evacuating children from towns in Kharkiv region. What we know on day 1,066See all our Ukraine war coverage

Trump's sweeping policy changes, cooling US Core CPI inflation data for December, a resilient economy, and a strong earnings season played a key role in the S&P500's rapid climb.

March WTI crude oil (CLH25 ) Thursday closed down -0.82 (-1.09%), and March RBOB gasoline (RBH25 ) closed up +0.0084 (+0.40%). Crude and gasoline prices settled mixed on Thursday, with crude falling to a 1-1/2 week low. Crude gave up early gains Thursday and turned lower after President Trump said...

President Donald Trump doubled down on ending the war in Ukraine during his speech at Davos a day after threatening Russia and Putin with tariffs and sanctions.

President Trump urges Saudi Arabia and OPEC to lower oil prices to potentially end the Russia-Ukraine conflict.

President says he will demand lower oil prices from OPEC and lower interest rates from central banks globally

March WTI crude oil (CLH25 ) today is down -0.36 (-0.48%), and March RBOB gasoline (RBH25 ) is up +0.0055 (+0.26%). Crude and gasoline prices today are mixed, with crude falling to a 1-1/2 week low. Crude is under pressure today from a stronger dollar and President Trump's threat to...

President Donald Trump wants to boost US oil production, pledging to bring costs down as he returned to office this week -- but analysts warn his efforts could be hampered by the industry itself.

March WTI crude oil (CLH25 ) Wednesday closed down -0.39 (-0.51%), and March RBOB gasoline (RBH25 ) closed down -0.0286 (-1.35%). Crude and gasoline prices Wednesday settled moderately lower, with gasoline falling to a 1-1/2 week low. Wednesday's stronger dollar was bearish for energy prices. Also, President Trump's threat to...

March WTI crude oil (CLH25 ) today is down -0.38 (-0.50%), and March RBOB gasoline (RBH25 ) is down -0.0276 (-1.30%). Crude and gasoline prices today are moderately lower, with gasoline falling to a 1-1/2 week low. Today's stronger dollar is bearish for energy prices. Also, President Trump's threat to...