Brent crude LCOc1 was up 46 cents at $77.76 a barrel, after trading as low as $76.67 and as high as $78.85. USA crude futures were up 32 cents at $74.46, within sight of Tuesday's 3-1/2-year high above $75.
On Wednesday he tweeted that OPEC is "doing little to help, " adding that, "if anything, they are driving prices higher".
The president's call to "reduce pricing" was an apparent reference for oil producers to churn out more supply in order to contain spiking oil prices.
Oil surged in the past two weeks as the USA pushes allies to end imports of Iranian crude, disruptions persist in places like Libya and American crude inventories shrink. His latest was a reminder that the USA defends many OPEC members for "very little" money.
A Reuters survey estimated USA crude oil stockpiles fell for a fourth consecutive week, by about 3.3 million barrels, in the week ended June 29. The company said it can pump as much as 3.3 million barrels per day and will boost output to 3.5 million barrels a day by the end of 2018.
Trump has been complaining about OPEC at the same time that Washington is piling pressure on its European allies to stop buying Iranian oil.
Pompeo to travel to N Korea for talks with Kim Jong
Two U.S. officials said the Trump administration had stepped back from its CVID demand on South Korea's advice. Trump tweeted "Just landed - a long trip, but everybody can now feel much safer than the day I took office".
Outside North America, looming US sanctions against major oil exporter Iran were the focus of attention.
Trump wants Saudi Arabia to increase its oil production to offset any lost supply because of what is happening around Iran and the political chaos in Venezuela.
Vijay Valecha, chief market analyst at Century Financial Brokers, said the UAE's crude oil production peaked in October 2016 at 3.13 million bpd and has declined since then in line with the Opec production cuts.
Iranian President Hassan Rouhani downplayed the seriousness of the ban, saying he is confident Iran will survive this round of United States sanctions as it has other sanctions in the past.
But Tehran has threatened to take drastic action on the oil supply in retaliation against Trump's attempt to curb its exports.
Iran has threatened to block oil exports through a key Gulf waterway in retaliation against any hostile U.S. action.
Iran's deputy commander of the Sarollah Revolutionary Guards said on Wednesday that any attempt to thwart its oil exports will result in the closure of Strait of Hormuz, the narrow waterway at the mouth of the Persian Gulf, where the world's biggest concentration of tankers carry about 30 percent of all seaborne-traded crude oil and other liquids during the year.
U.S-CHINA TARIFFS: The U.S.is set to impose a 25 percent tariff on up to $50 billion of Chinese products starting this Friday. Mr Trump is now mulling tariffs of up to 20% on all cars and vehicle parts made in the EU.
At the world championship 2022 in Qatar, the Portuguese will be for 38 years. "That is the way that we see football", he said. He, along with his fellow Luis Suarez, strategized well against Portugal and were able t pull them down.
Defendants Stewart and Jones allegedly pistol-whipped Capone and dragged him to the waiting vehicle , the indictment says. In addition to kidnapping and firearm charges, Stewart is also accused of causing great bodily harm to Capone.
Kristina Mladenovic advanced to a Wimbledon third-round meeting with Serena Williams after defeating Tatjana Maria 6-2, 6-2. Earlier, Karolina Pliskova outplayed Victoria Azarenka , a two-time Grand Slam champion, to reach the third round.
I have to say my main memories about this place are friends, proud people, proud of their culture, proud of their art and music. He said France planned to launch a season of events meant to be "the face of African culture in Europe".
National Park Service spokesman Jerry Willis told The Associated Press the individuals were taken into custody around 2:30 p.m. After almost four hours on the statue, the woman finally accompanied police down off the monument, tethered to them by wires.
Officers were called to a home in Muggleton Road, Amesbury , Wiltshire, on Saturday morning when the 44-year-old woman collapsed. Investigators believe the victims of the latest poisoning came into contact with discarded items from the Skripal attack .
Raheem Sterling feels England's ability to stay calm on the pitch was vital in carrying them to the last eight of the World Cup . Meanwhile, England have qualified for the quarter-finals of the competition and will take on Sweden in the next round.
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Lionel Messi returns to Barcelona after World Cup exit
Uruguay on the other hand have scored also scored 7 goals at the World Cup with Edinson Cavani scoring three goals for them. But former Brazil striker Ronaldo came to the defence of Neymar , who is also the most-fouled player in Russian Federation .
Drink up: Research shows coffee is good for you
Generally speaking, people who drank two to three cups of coffee every day had a lower risk of death than those who didn't. For the study, researchers invited 9 million British adults to take part; 498,134 women and men aged 40 to 69 agreed.
Lee Grant completes Old Trafford move from Stoke
Grant, 35, is expected to serve as United's number three behind David de Gea and Sergio Romero after agreeing a two-year contract. The 22-year old Portuguese is held in high regard within the club and has attracted interest from clubs in Italy and Spain.
Torreira ready for 'scary' Arsenal move
Lucas Torreira rejected the chance to undergo his medical with Arsenal in Russian Federation but the midfielder's father insists his son will be joining the Gunners this summer.
Notorious gangster in helicopter prison break
French police are also investigating the possibility that Faid may now be disguised as an Orthodox Jew and on his way to Israel. France's justice minister said Monday that several drones were spotted flying over Reau Prison south of Paris a few months ago.
Arizona woman, 92, shoots 72-year-old son to death, police say
A 92-year-old Arizona woman who didn't want to move to a nursing home might be spending the rest of her days in prison instead. Anna Mae Blessing lived in Visalia, California, from 1990 to 1992 and in Kissimmee, Florida, from 1992 to 2017, records show.
Sen. Cantwell weighs in on SCOTUS pick
Shortly after he was elected in 2016, in an interview with CBS's "60 Minutes" , Trump said "I'm pro-life". Democrats, meanwhile, have begun taking aim at members of Trump's Supreme Court shortlist by name.