Another country, Gabon, terminated its membership in 1995 but rejoined in 2016. OPEC member countries produce about 40% of the world’s crude oil and coordinate their decisions on how much oil to ...

U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth ...

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...

FRANKFURT, Germany — (AP) — Eight members of the OPEC+ alliance of ... taxes make up a much bigger chunk of the cost. OPEC has cut its forecast for 2025 demand growth to 1.54 million barrels ...