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US senators press Saudi officials to put oil cut in motion

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output. Saudi Arabia and Russia were close to...

Trump says Mexico will commit to cut oil production

U.S. President Donald Trump said on Friday that Mexico has committed to cuts in oil production of 100,000 barrels per day to help contribute to global reductions. At a White House briefing on the coronavirus, Trump said the United States was helping Mexico with the cuts as he did not want...

Trump speaks with Putin on oil for second straight day

U.S. President Donald Trump held a second straight day of telephone conversations with Russia's president focused on oil and the international fight against the novel coronavirus, the White House said Friday. "President Trump and President Putin discussed the latest efforts to combat the...