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.

So what kind of relationship, I'm wondering, do you expect between the US and say, OPEC over the next four years. Related: Energy-efficient tax credits explained Will Gray: That's a great question.

OPEC explained that it was required for better reflection of the gap between supply from OPEC+ countries and non-OPEC+ nations. In particular, non-OPEC+ countries will boost oil supplies by 1.2 ...

LONDON, March 5 (Reuters) - OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to curb the flows, and Nigeria boosted output ...

Kazakhstan hiked February output to record high, source says OPEC+ to boost output by 138,000 bpd in April Trump wants OPEC to produce more oil DUBAI/MOSCOW/LONDON, March 4 (Reuters) - As OPEC+ ...

He explained that OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular petroleum supplies for consumers, a steady income ...

OPEC rolled over its 29.67mn b/d output target at its 5 March Vienna meeting. Ministers were unmoved by appeals from consumers, including US president George W Bush, for action to bring down record ...

He explained that OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular petroleum supplies for consumers, a steady income for ...