The meeting involved the thirteen OPEC members and the so-called +10 under the leadership of Russia. The organization will again assess market developments next December. Since last May OPEC and ...
The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...
It has since expanded to 12 member countries. In 2016, largely in response to dramatically falling oil prices due to U.S. shale oil output, OPEC signed an agreement with 10 other oil-producing ...
U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and ...
Several OPEC members, including the United Arab Emirates ... ANALYSISTrump's high-wire act to transform US power grid won't be easy 10:10 PM UTC · Updated ago Energycategory Trump once again ...
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 ...
President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, ...
Members of the Organisation of Petroleum ... The report showed Ecuador, the smallest OPEC producer, earned around $10 billion in 2011 compared with $8 billion, previously.
Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.