US crude futures were down 58 cents at $73.56 per barrel by 12:00 p.m. EDT (1600 GMT), still in sight of Tuesday's 3-1/2-year high above $75.
US West Texas Intermediate (WTI) crude futures CLc1 were down 16 cents, or 0.2 percent, at $73.98 per barrel.
"Trump's order to OPEC members to increase production is a great insult to those governments and nations, and destabilises the market". Of course, the policies coming from Washington always had an impact on where oil prices were headed, but it's a brand-new thing to have the White House's twitter feed as a regular source of risk for positions in oil and oil stocks.
The recent strength in oil prices has in part been spurred by a US announcement that it plans to reintroduce sanctions against Iran, OPEC's third-largest producer, from November, targeting oil exports. Although Saudi Arabia has pledged the organisation will boost supplies, Goldman Sachs Group Inc. said that losses in some members - notably Venezuela and Iran - will lead to a new rally.
"This must be a two way street", he wrote, adding in block capitals, "REDUCE PRICING NOW!"
The potential trade war between the United States and China comes amid a tight oil market. Brent crude lost 38 cents to $77.84 a barrel.
Oil prices dropped Thursday after weekly government data showed a surprise rise in USA crude stockpiles last week as refineries cut output, while gasoline stocks decreased and distillate fuel inventories rose.
Iran will stop oil exports from the Strait of Hormuz, the world's most important oil chokepoint, if the U.S. succeeds in halting crude sales from the Persian Gulf nation, according to a Revolutionary Guards official.
The White House said Saturday that King Salman had promised President Donald Trump that he would raise oil production if needed. Oil prices climbed down from their 3 ½ year high to reach US$73 per barrel, with Brent trading at US$76.96 Tuesday afternoon.
Following the report it received, an HC-144 Ocean Sentry plane sent from Miami began its search 10 minutes later, the U.S. A photo shows those who rescued the man, and cell phone video captured passengers cheering as he was brought on board.
A video review reversed the decision to award a penalty kick and Neymar's frustrations a few minutes later led to a yellow card. Belgium or Japan, who lock horns at 7pm this evening, await them in that last-eight clash in Kazan on Friday night.
Seehofer and Merkel, who have long had a hard relationship, have sparred over migrant policy on and off since 2015. However, according to das Bild, Seehofer called the meeting on Saturday evening an "ineffective conversation".
The last time this "golden generation" of Red Devils thought they had a soft draw they blew it, coach Roberto Martínez said. But Southgate said: "We want to win football matches, so we're not happy to come away from here having been beaten".
A deal worth €30m-a-year for four seasons was tabled by Agnelli to Ronaldo - a clear €5m-a-year more than what Real have offered. However, you sense there's plenty of work to be done before a deal this complex comes to fruition.
They signed Elfrid Payton to a one-year deal, but are likely still in the market for a point guard given Payton's limitations. James told Los Angeles executives this week he likes Ball's game and "is excited to play with him", according to ESPN.
Maradona also described England's victory as " monumental theft ", insisting the official owed the people of Colombia an apology. Ibrahimovic scored 62 goals in 116 internationals until retiring from Sweden duty after Euro 2016.
In addition, a private meeting has raised eyebrows due to an ongoing investigation from Special Counsel Robert S. Mueller III into potential collusion between the Trump campaign and the Russian government.
Suarez is a pest, and defends from the front with the same ferocity as Godin and Gimenez 70 yards further back. His presence then meant Portugal's right-back Ricardo Pereira squeezed, allowing Cavani the space to score.
Ant-Man and the Wasp Is Certified Fresh
Specifically, the Battle of NY from 2012's original Avengers film has been mentioned as a set piece for Avengers 4 . As you all know, Infinity War ends with Thanos snapping his fingers and erasing half of the universe's population.
Cristiano Ronaldo tight-lipped on future after World Cup exit
Santos had bristled at a question about the team's dependence on Ronaldo before Saturday's match, brushing it off with a wry joke. When it comes to Cavani, though, Suarez says it is unclear at the moment whether he will be able to face Didier Deschamps' side.
Roberto Martinez happy with top spot
Even tonight's match against Belgium is unlikely to be the test that Southgate would probably like. All the final group matches are played together to avoid what happened to Algeria in 1982.
Germany's emotional state after their World Cup exit
The Germany keeper bobbled the ball and needed to swipe the rebound away from the attackers after a spectacular dive. "We're not going to the last 16, but we did manage to beat the champions and the world number one team", he added.