It isn’t unusual for the cartel’s officials to hobnob with leaders of globe-spanning Western oil companies, or for representatives of U.S.-based firms to send observers to OPEC meetings.

Oil prices remain unchanged as the market awaits the outcome of the OPEC+ meeting and its production decision. The discussion also focuses on the upcoming plans for OPEC output cuts and what lies ...

U.S. President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.

As of now, confusion and uncertainty persists and that is reflecting in crude prices which are down around 2 percent after the OPEC experts meeting on Monday. Ian Hui, Global Market Strategist ...

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with ...

He is scheduled to join a dialogue with WEF founder Klaus Schwab and WEF President and CEO Borge Brende via a live video link ...

US President Donald Trump will deliver a live virtual address at the 2025 World Economic Forum (WEF) Annual Meeting in Davos, ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...