The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...
Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...
OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in ...
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.
Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his ...
In my previous article, I discussed the oft-cited notion that OPEC is a "paper tiger" -- something that may seem threatening, but in reality isn't. Notably, in the wake of last week's OPEC ...
Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...
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