A pumpjack operates on an oil well in the Permian Basin near Orla, Texas, U.S. (Photographer: Daniel Acker/Bloomberg)

Oil Moves Higher, Shrugging Off Trump Call for OPEC to Pump More

(Bloomberg) -- Oil erased a day of losses to move higher, joining a rebound in equity markets despite President Donald Trump’s complaint that OPEC needs to pump more crude and lower prices.