Trump also called OPEC "illegal", adding that it is destroying itself.
Trump pointed out that OPEC works to the advantage of Russia and Saudi Arabia and that, according to the latter, a deal could be made soon at a 10-million-barrel reduction "or much more than that."
Trump also said he was confident in the US energy business.
OPEC+ countries are set to meet in the coming week to discuss the potential of reviving an oil output cut deal that expired on 31 March after its members were unable to agree on an extension of a deal to limit oil production.
Jason Kenney, the premier of the oil-producing Canadian province of Alberta, suggested that the organisation had to find a solution to the ongoing issue. If the dispute is not resolved, the US and Canada may potentially impose tariffs on oil imports from Russia and Saudi Arabia, Kenney said.
