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Trump Pushes for OPEC+ Cooperation Amid Energy Policy Shifts

President Donald Trump calls for lower oil prices while OPEC+ maintains gradual output increases and shifts monitoring practices.

  • President Donald Trump has urged OPEC+ to increase oil production to lower prices, citing economic and geopolitical concerns, including the war in Ukraine.
  • OPEC+ has decided to stick to its current plan of gradually raising output starting in April 2025, despite U.S. pressure for immediate action.
  • The group has removed the U.S. Energy Information Administration from its list of secondary sources for monitoring production, citing communication issues rather than political motives.
  • Trump's energy strategy includes increasing domestic production and exploring potential cooperation with OPEC+ to stabilize global oil prices and counter rivals like China.
  • OPEC+ continues to manage voluntary production cuts, with compliance rates near 90%, while maintaining its focus on long-term market management over political pressures.
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