International oil prices are experiencing significant fluctuations! What new variables might arise in the future?

Under the pressure of President Trump in the USA, international oil prices fell by about 3.5% last week, ending four consecutive weeks of increase.

Brokerage ChinaJan 27 07:09

Trump has demanded OPEC to lower oil prices for the second consecutive day, and Putin stated that he will talk with Trump to discuss Energy issues.

On Friday, USA President Trump once again called for the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices, hoping to undermine Russia's financial revenue from oil production and help end the Russia-Ukraine conflict. Putin had previously responded that he was ready to meet with Trump to discuss Crude Oil Product prices and Other Energy Sources issues. After a 1% drop on Thursday, oil prices continued to decrease slightly on Friday.

wallstreetcnJan 25 14:40

Suncor Energy Outperform Rating, $65 Price Target Confirmed at RBC Capital Markets

MT NewswiresJan 24 21:57 · Ratings

The "Understanding King" is online! Trump speaks intensively at Davos, claiming to understand interest rates better than Powell, discussing tariffs and oil prices.

Trump stated that companies not producing in the USA face tariffs of "hundreds of billions or even trillions of dollars". If produced in the USA, they can enjoy a reduction of corporate tax to 15%. The tariffs in Europe are too high, the regulations are too strict, and the trade deficit with the USA is too large, which will lead to measures being taken to ensure that the USA supplies Energy to Europe. Trump called on OPEC to "lower oil costs", stating that this would pressure Russia to end the Russia-Ukraine conflict, and demanded that the Saudi Crown Prince increase the promised investment in the USA to 1 trillion dollars. He also mentioned that he would "demand an immediate decrease in interest rates" and plans to have a conversation with Powell at an appropriate time.

wallstreetcnJan 24 07:19

Trump: Will ask OPEC to lower oil prices, requesting the Saudi crown prince to invest 1 trillion dollars in the USA.

On Thursday, USA President Trump delivered a video speech at the Davos Forum, urging the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices, which caused international oil prices to drop nearly 1%. He also suggested that to revive USA manufacturing, Saudi Crown Prince should invest 1 trillion dollars. Trump additionally called on European countries to reduce the tax and regulatory burden on USA companies.

wallstreetcnJan 24 01:32

Suncor Energy | 6-K: Report of foreign private issuer (related to financial reporting)

SECJan 23 22:17 · Announcements