Brent crudeoilfutures rose by just 30 cents to $67.33 a barrel on Monday afternoon, while US West Texas Intermediate (WTI) futures increased by only 11 cents to $59.15 a barrel. Trump's remarks were not the first time he's voiced his opinion that oil prices are too high.
FILE PHOTO: Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017.
US crude inventories have drawn down for two straight weeks, slumping almost 10 million barrels in the latest EIA report.
Oil rose further above $67 a barrel on Tuesday as OPEC supply cuts and expectations of lower USA inventories outweighed concern about weaker demand due to an economic slowdown. Additional support is being fueled by the US sanctions against Iran and Venezuela.
Oil prices fell on Thursday, extending losses into a second consecutive session following a surprise rise in USA crude inventories and President Donald Trump's latest tweet asking OPEC to tamp down the cost of crude.
"Oil supply fundamentals remain price-constructive with OPEC+ collectively making good progress on pledged supply cuts", BNP Paribas strategist Harry Tchilinguirian told the Reuters Global Oil Forum.
In early May, analysts expect the United States will extend some sanction waivers on Iranian oil but might reduce the number of countries receiving them.
The 180-day exemptions were granted in November to eight countries - China, India, Greece, Italy, Taiwan, Japan, Turkey and South Korea.
Weekly figures on USA oil data from the American Petroleum Institute (API), an industry group, will be released on Tuesday, followed by the official Energy Information Administration (EIA) figures on Wednesday.
The number of oil rigs in the US fell to 824 for week ending March 22, a drop of nine over the previous week, according to data released by oilfield services company Baker Hughes on Friday. Demand concerns on the back of economic jitters linked to the US-Chinese trade war have further capped prices.
That said, a big press event would give Apple the platform to tout its iPads as great devices to enjoy all that new content on. That's according to several media outlets that have received invites from the maker of the iPhone.
Wednesday's jackpot is the fourth largest in USA lottery jackpot history and third largest in Powerball jackpot history. Tickets only cost $2 to play and can be purchased in gas stores and convenience stores in participating states.
The UN Security Council declared the annexation null and void in its Resolution 497 on December 17, 1981. He pointed out that the relevant worldwide law "only prohibits taking territory in a war of aggression".
Since Solskjaer was handed the keys to Old Trafford, many have been backing his star midfielder to stay and sign a new contract. He has got some outstanding players just in front of him but he's slowly getting more and more game time.
Yahoo Finance's Dan Roberts, Melody Hahm, Myles Udland, and Brian Sozzi talk about McDonald's largest acquisition in 20 years. More broadly, McDonald's can glean valuable insights by gathering data on its 68 million daily customers.
Ms Ardern said she had wanted to come to Dunedin sooner, but scheduling a trip had been hard in the circumstances. New York Times wrote an editorial "America also needs a good leader like Jacinda Ardern".
Social media and non-state Venezuelan media picked up the information and posted pictures of the planes at the airport. Last week, US and Russian officials met in Rome to discuss Venezuela, but remained split on how to resolve the crisis.
While local news outlets showed the party winning the most seats, election authorities still haven't released official tallies. Thailand has been racked for the past 15 years by street protests by both opponents and supporters of Thaksin.
The number that are A320neo jets, the chief competitor to the Boeing Max, will be determined later, an Airbus spokeswoman said . Civil Aviation Authority of Singapore representatives will also attend, a spokeswoman for the regulator said.
Borderlands: Game of the Year Edition 2019 releases next week
" Borderlands 3 " was officially confirmed with a splashy trailer during developer Gearbox's annual PAX East talk on Thursday. We were treated to the first trailer for the highly anticipated threequel, which, of course, promises billions of guns.
Huawei P30 hands-on review: sometimes less is more
The company has also added a couple more options to its Watch GT family of smartwatches - the Active and Elegant editions. Smartphone cameras have improved dramatically in the last few years, owing to better sensors and smarter image processing.
Lakers Officially Eliminated from Playoff Contention
But in reality, the Lakers have already mailed in the rest of this season, going 1-9 SU and ATS in the month of March. The Los Angeles Lakers were officially eliminated from playoff contention Friday night after a loss to the Nets.