OIL - /contrib/oil

President Donald Trump directed his Twitter fire Wednesday morning at OPEC, blaming the international oil cartel for rising gas prices.

A U.S. call for more oil from OPEC and a negative trend line for the price of Brent crude oil helped lead oil prices toward a second day of declines on Tuesday.

The U.S. government has quietly asked Saudi Arabia and some other OPEC producers to increase oil production by about 1 million barrels a day, according to people familiar with the matter.

In its latest Oil Market Report, the IEA warns of a new oversupply situation in oil markets as U.S. shale producers have opened the taps once again