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Oil Falls as Trump Repeats Call for OPEC to Cut Prices

January 27, 2025, 03.54 PM | Source: Reuters
Oil Falls as Trump Repeats Call for OPEC to Cut Prices

ILUSTRASI. Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices. REUTERS/Dado Ruvic

OIL PRICE - SINGAPORE. Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office.

Brent crude futures dropped 35 cents, or 0.45%, to $78.15 a barrel by 0726 GMT after settling 21 cents higher on Friday.

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