OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord among its members, and threats from a world seeking cleaner fuels. Founded on Sep ...

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.

September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...

Energy nominees advance, Trump to press OPEC, and Trump talks FEMA WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, ...

President Donald Trump said he was going to ask Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC) to bring down the price of oil. "You've got to bring it down," he told the ...