# Saudi, other OPEC+ ministers meet after Trump calls for lower oil price

> OPEC+ ministers met in Riyadh after U.S. President Donald Trump called for lower oil prices. The group is holding back about 5.86 million bpd of output after cuts made since 2022, and a planned April production increase follows several earlier delays due to weak demand.

- Date: 2025-01-28 · published 2025-01-28T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/26421-saudi-other-opec-ministers-meet-after-trump-calls-for-lower-oil-price
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Trump's pressure raises the chance OPEC+ accelerates supply, which would weigh on crude prices. Lower crude costs would also ease diesel and freight expenses for feed producers.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-04-30 | [Oil Traders Brace For Another Saudi-Led OPEC+ Oil Supply Surge](https://feedsoft.ai/events/25327-oil-traders-brace-for-another-saudi-led-opec-oil-supply-surge.md) | -2.9% | +1.8% |
| BRENT | 2019-04-26 | [Oil sinks 3% as Trump again pressures OPEC to lower crude prices](https://feedsoft.ai/events/8093-oil-sinks-3-as-trump-again-pressures-opec-to-lower-crude-prices.md) | -5.3% | -8.8% |
| BRENT | 2025-01-27 | [Key OPEC ministers meet in Riyadh as Trump demands output boost \| S&P Global](https://feedsoft.ai/events/26423-key-opec-ministers-meet-in-riyadh-as-trump-demands-output-boost-s-and-p-global.md) | -2.1% | -5.0% |
| BRENT | 2019-03-01 | [Crude Oil Prices Fall On Trump's OPEC Tweet But U.S. Shale Boom Continues](https://feedsoft.ai/events/60777-crude-oil-prices-fall-on-trump-s-opec-tweet-but-u-s-shale-boom-continues.md) | +0.0% | +2.2% |
| BRENT | 2025-03-31 | [OPEC+ is boosting output in April. Here's what that could mean for oil prices. - Tiger Brokers](https://feedsoft.ai/events/25753-opec-is-boosting-output-in-april-here-s-what-that-could-mean-for-oil-prices.md) | -9.7% | -11.0% |
| WTI | 2025-04-30 | [Oil Traders Brace For Another Saudi-Led OPEC+ Oil Supply Surge](https://feedsoft.ai/events/25327-oil-traders-brace-for-another-saudi-led-opec-oil-supply-surge.md) | -2.3% | +1.5% |
| WTI | 2019-04-26 | [Oil sinks 3% as Trump again pressures OPEC to lower crude prices](https://feedsoft.ai/events/8093-oil-sinks-3-as-trump-again-pressures-opec-to-lower-crude-prices.md) | -5.3% | -11.5% |
| WTI | 2025-01-27 | [Key OPEC ministers meet in Riyadh as Trump demands output boost \| S&P Global](https://feedsoft.ai/events/26423-key-opec-ministers-meet-in-riyadh-as-trump-demands-output-boost-s-and-p-global.md) | -2.8% | -5.2% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/energy-ministers-saudi-arabia-iraq-libya-discuss-market-stability-2025-01-28/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.