The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member ...

OPEC+ has been withholding over 5 million barrels daily in crude oil production for three ... forecasts that predict OPEC’s slipping into the oblivion on history. Finally, it bears noting ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

Members of the Organization of Petroleum Exporting Countries will revive oil production in April ... Low demand in China and an ongoing production boom among non-OPEC members have made it ...

(Bloomberg) -- OPEC+ crude production ... OPEC’s secretariat on Wednesday, preempting the group’s supply revival by two months. Last week, the coalition led by Saudi Arabia and Russia ...

Crude Oil markets declined on Monday, sending WTI 2.5% lower. OPEC has announced a tentative agreement to begin increasing production. Challenges still lie ahead, as many OPEC members rely on high ...

The Saudi-led cartel said its members would start gradually pumping more oil in April. By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC ...