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LN24 > Blog > crude oil prices
04
Aug

Trump Blasts Exxon and Chevron for Making ‘Too Much Money,’ Demands Lower Gasoline Prices

  • LN24 / 6 days
  • 0
  • 3 min read

U.S. president says major oil companies must help reduce fuel costs for American consumers U.S. President Donald Trump has publicly criticized energy giants Exxon Mobil and Chevron, accusing the companies of making “too much money” while American motorists continue to face elevated gasoline prices. In comments delivered during a media appearance and later reinforced on […]

13
Jul

Trump Says U.S. Will Act as ‘Guardian’ of the Strait of Hormuz

  • LN24 / 4 weeks
  • 0
  • 2 min read

U.S. President Donald Trump has declared that the United States will become the “guardian” of the Strait of Hormuz, saying Washington should take control of the strategic waterway and be compensated by allied nations for ensuring its security as tensions with Iran continue to escalate. Speaking during a television interview on Monday, Trump argued that […]

25
Jun

Iraq Warns It Could Exit OPEC if Production Quota Is Not Increased

  • LN24 / 2 months
  • 0
  • 4 min read

Baghdad Pushes for Higher Oil Output Amid Growing Frustration Iraq is considering all available options, including a potential withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), if the group fails to increase the country’s oil production quota, according to Iraqi officials familiar with the matter. The warning marks one of the strongest signals […]

Trump Orders DOJ Probe Into Oil Companies Over Fuel Prices
25
Jun

Trump Orders DOJ Probe Into Oil Companies Over Fuel Prices

  • LN24 / 2 months
  • 0
  • 2 min read

Trump Targets Major Energy Companies Donald Trump has directed the U.S. Department of Justice to investigate major oil companies over allegations of possible price gouging, arguing that consumers are not benefiting from recent declines in global crude oil prices. In a social media statement, the U.S. president criticized leading energy firms, including ExxonMobil and Chevron, […]

09
Mar

G7 to Discuss Joint Release of Emergency Oil Reserves, French Source says

  • LN24 / 5 months
  • 0
  • 3 min read

Finance ministers from the Group of Seven (G7) advanced economies are set to hold an emergency meeting on Monday to consider a joint release of strategic oil reserves in an effort to calm surging global crude prices and shield vulnerable economies from further fallout, a French government source said. The talks, confirmed by officials in […]