Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said ...
Speaking remotely to the World Economic Forum annual meeting in Davos, Switzerland, President Donald Trump said he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries, or ...
Obituaries for OPEC have been prematurely written before ... "In the world that I live in, the challenge as we think about strategy is, how does the United States think about its status as ...
Oil prices are broadly unchanged after OPEC left its global oil-demand growth forecast steady and raised its economic forecast for this year and next. Brent crude trades 0.2% higher at $82.20 a ...
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...