Oil prices were little changed on Friday but headed for a weekly decline after U.S. President Donald Trump issued a sweeping plan to boost U.S. production and demanded OPEC lower crude prices. Brent crude futures were down 9 cents at $78.
Brent crude futures were down 50 cents at $77.95 a barrel. West Texas Intermediate crude (WTI) fell 31 cents to $74.31 in the United States.
The head of the United Nations labor agency says it has good relations with Saudi Arabia during an ongoing investigation of alleged rights abuses by the 2034 World Cup host
The oil-rich kingdom is still assessing whether to join the bloc, the economy minister has said Saudi Arabia is still evaluating potential
U.S. President Donald Trump on Thursday (January 23, 2025) said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
Oil markets sank on Friday, a day after U.S. President Donald Trump pressured OPEC and its de facto leader Saudi Arabia to lower prices in a broad push to drive up crude production.
Oil prices were little changed on Friday but headed for a weekly decline after U.S. President Donald Trump issued a sweeping plan to boost U.S. production and demanded OPEC lower crude prices. Brent crude futures were up 6 cents at $78.
The Global Cybersecurity Forum (GCF) and the World Economic Forum (WEF) announced the signing of an agreement to establish the Center for Cyber Economics (CCE) in Riyadh, during the WEF Annual Meeting 2025 in Davos,
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.
President Donald Trump threatened business leaders with higher tariffs, vowed to “demand” decreased oil prices from Opec and called for lower interest rates from central banks in a boast-filled address to the World Economic Forum in Davos, Switzerland.
Asian markets rose Friday after a record day on Wall Street in response to Donald Trump's tax-cut pledge, while the yen strengthened after a widely expected interest rate hike by the Bank of Japan. Given this reality,
DAVOS (Switzerland) - World Economic Forum annual meeting PICTURE. VIDEO. (To 24) DAVOS (Switzerland) - Special address at World Economic Forum by US President Donald Trump, via videoconference (1600 GMT) JERUSALEM - Truce in Israel-Hamas war VIDEO. LIVE VIDEO. PICTURE. (To March 20)