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Crude oil extends losing streak as Trump urges OPEC to lower prices (NYSEARCA:USO)

MT HANNACH
By MT HANNACH
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January 23, 2025 6:55 p.m. ETUnited States Oil Fund, LP ETF (USO), CL1:comUco, Dbo, Ung, FCG, USL, SCO, Against, BNO, BOIL, Kold, JET, DROP, Usoi, CO1:com, Ng1:comBy: Carl Surran, Editor-in-chief of SA
Commodity Energy Market Data Analysis: Charts and Quotes Exposed. US WTI Crude Oil Price Analysis. Superb price drop over the last 20 years.

Slavkosereda / istock via getty images

Crude oil futures fell to their lowest levels in two weeks on Thursday after President Trump called on Saudi Arabia and OPEC to reduce oil pricesimplying a need to increase production.

Trump told world leaders gathered in Davos that

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