This is just a few days after his positive coronavirus test sparked widespread alarm.
Browsing: oil prices
Brent crude was down 33 cents or 0.8 per cent at $42.82 a barrel by 0645 GMT, while U.S. crude was down 38 cents or 0.9 per cent to $40.73 a barrel.
Brent crude was up 51 cents, or 1.2 per cent, at $42.81 per barrel, by 0628 GMT, while US West Texas Intermediate crude rose 32 cents, or 0.8 per cent, to $39.87 a barrel.
Oil prices were stable on Tuesday, supported by hopes that talks in Beijing between US and Chinese officials might defuse trade disputes between the world’s biggest economies.
Oil prices rose on Thursday, driven by the prospect of a shortfall in global supply once US sanctions against major crude exporter Iran come into force in just five weeks time.
Benchmark Brent crude oil LCOc1 fell 1.24 dollars a barrel to a low of $77.99 before recovering to $78.40, down 83 cents, by 7.35 GMT.
Trump in a tweet said he had spoken to King Salman of Saudi Arabia who had agreed to increase production.
The president had again blamed OPEC for high global oil prices on June 13.
Barkindo said this in an interview with the News Agency of Nigeria on Sunday after the OPEC and non-OPEC ministers had on Saturday agreed to increase oil supplies, which remained unchanged for18 months.
Brent crude was up 50 cents at $75.58 a barrel by 1335 GMT.
IATA stated this in its April-May Airlines Financial Monitor released on Wednesday and obtained by the News Agency of Nigeria in Abuja.
This announcement is boosting hopes of a deal to end a nuclear standoff on the Korean peninsula.
Saudi Arabia and Russia have discussed raising OPEC and non-OPEC oil production by one million barrels per day to counter potential supply shortfalls from Venezuela and Iran.
Ignoring pleas by allies, Trump on Tuesday pulled the U. S. out of an international nuclear deal with Iran that was agreed in late 2015, raising the risk of conflict in the Middle East and casting uncertainty over global oil supplies amid an already tight market.
Brent crude oil futures were at $71.80 per barrel at 0120 GMT, up 38 cents, or 0.5 per cent from their last close.
Brent crude futures rose to settle at $68.65 a barrel.
U.S. WTI crude futures were at 65.18 dollars a barrel at 0025 GMT, up 24 cents, or 0.4 per cent, from their previous settlement.
Brent sweet crude futures, the international benchmark for oil prices, soared to 57.89 dollars per barrel in overnight trading between Sunday and Monday, its highest level since July 2015
Traders said markets were jittery, and that prices could sharply swing either way depending on developments at the Organization of the Petroleum Exporting Countries meeting in Vienna
Prices fell 3 per cent on Wednesday as crude inventories in the US rose 2.6 million barrels last week, the US Energy Information Administration said, echoing high stocks in Europe and Asia