U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and help bring an end to the war in Ukraine.

The Kremlin insisted Friday that a settlement in Ukraine couldn’t be facilitated by a drop in global oil prices as U.S. President Donald Trump has suggested. Speaking by video from the White House to the annual World Economic Forum in Davos,

"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.

Oil prices edged up on Friday but remained on track for a weekly decline after U.S. President Donald Trump announced sweeping plans to boost U.S. production and demanded that OPEC move to lower crude prices.

Oil futures finished Thursday at their lowest in two weeks after President Donald Trump said he would ask Saudi Arabia and OPEC to lower oil prices, implying that he would pressure major oil producers to boost output.

Crude was pointing higher on Thursday after four straight days of losses. Uncertainty over President Donald Trump’s policies are the main drivers of the market. On the one hand, he wa

Russian President Vladimir Putin said he’s ready to discuss crude oil prices and other energy issues at a face-to-face meeting with US leader Donald Trump.