Trump urges OPEC to cut oil prices, seeks $1 trillion investment from Saudi Arabia
Trump says he will press OPEC and Saudi Arabia to slash oil prices
Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.
Trump: We're Asking Saudi Arabia And OPEC To Lower Oil Prices To Help End Ukraine War
During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.
Middle East Eye4h
Trump requests trillion dollar investment after $600bn offer from Saudi crown prince
In fact, the Saudi Press Agency’s announcement that the kingdom would invest $600bn was based on the royal palace’s readout of a Wednesday phone call between Trump and Saudi Crown Prince Mohammed bin Salman. This is Trump’s first phone call with a foreign leader since his inauguration earlier this week.
Donald Trump Makes New Demands of Saudi Arabia, OPEC at Davos
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Trump’s relationship with Saudi Arabia on full display at Davos after Crown Prince gets first call
President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.
Trump wants OPEC to bring down oil prices. That could hurt America's booming energy industry.
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.
BOE Report10h
Trump: will be asking Saudi Arabia and OPEC to bring down cost of oil
U.S. President Donald Trump on Thursday announced he would be asking Saudi Arabia and OPEC to bring down the cost of oil and said he would be asking Riyadh to increase a planned U.S. investment package to $1 trillion from an initial $600 billion.
The Week7h
Golden age of America has begun; entire planet will be now peaceful and prosperous: Trump
Trump said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.
President Trump calls on OPEC to lower oil prices at economic forum
President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World Economic Forum on Thursday, saying it would immediately end the war in Ukraine.
Oil trades lower as Trump urges Opec to slash prices
President Trump said he wants OPEC and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.
Trump may have given the Saudis and OPEC the excuse they needed to boost oil production
"Today, Trump is focusing on OPEC; yesterday, it was sanctioning Russia; the day before it was on Canadian and Mexican tariffs," Smith said. "We remain in a time of heightened uncertainty, where oil prices could pop or drop at any given moment based on what the president says."
Saudi foreign minister to visit Damascus on Friday, Syrian official says
Saudi Arabia's Foreign Minister Prince Faisal bin Farhan Al-Saud will visit Damascus on Friday and meet with top officials in the new Syrian administration, a Syrian official said on Thursday.
US updates: Judge halts Trump bid to change citizenship law
The US president addressed political leaders and business elites gathered at the World Economic Forum in Switzerland. Meanwhile, a judge blocked Trump's order to end birthright citizenship. DW has the latest.