Commodities and Futures News

Trump once again calls for OPEC to drop oil prices

01/24/2025

Less than a minute

2025.01.24 11:56

© Reuters. FILE PHOTO: People walk past an installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan November 19, 2024. REUTERS/Maxim Shemetov/File Photo

ASHEVILLE, NC. (Reuters) – U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia’s finances and help bring an end to the war in Ukraine.

“One way to stop it quickly is for OPEC to stop making so much money and drop the price of oil…. That war will stop right away,” Trump said as he landed in North Carolina to view storm damage.

01/24/2025

Less than a minute

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