OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

US president Donald Trump’s pledge to lower gas prices has faced challenges as both US and international oil producers are ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He ...

President Donald Trump said he wants to negotiate a nuclear deal with Iran. Trump's comments come after he directed the ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ...

"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 ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said ...

Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% after Trump spoke.