Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

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

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine ...

Oil reserves in storage facilities around the world are at a record low, and production of raw materials in non-OPEC+ countries will be limited in growth. Therefore, the keys to the market will again ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Trump urged OPEC ... oil markets over the past couple of months can be chalked up to misapprehensions about the tapering mechanism for the voluntary cuts made by eight OPEC+ countries.

The OPEC+ group of leading oil producers is set to discuss President Donald Trump's efforts to raise U.S. oil production and ...

Iraq sits atop vast oil reserves but fails to fully exploit them, a former oil minister said Wednesday, criticizing the ...

The Iranian oil minister stressed that the key to energy security — both in the oil market and beyond — lies in preventing ...

President Donald Trump has said he will ask Saudi Arabia and other Opec nations to "bring down the cost of oil" and doubled-down on his threat to use tariffs. In a speech to executives at the World ...