In President Trump’s first week in office, he issued a blitz of executive orders, but perhaps his most ambitious statement to date is his claim yesterday that he would order the Federal Reserve to cut ...

The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" ...

Scott Sheffield, the former CEO of Pioneer Natural Resources, is a hero of the Texas oil industry. But the U.S. government has accused him of working with OPEC to fix prices.

President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World ...

OPEC, for instance, repeatedly revised its outlook downwards in H2 2024, including on December 11 when it made the largest cut to its oil demand growth forecast. The latest monthly update cut ...

position us to deliver the best financial year in Delta's 100-year history, with pre-tax income greater than $6 billion, earnings per share greater than $7.35 and free cash flow of more than $4 ...

and the history of the oil industry,” OPEC Secretary General Haitham Al Ghais said in the statement. To contact the author, email [email protected] What do you think? We’d love to ...

HOUSTON: Oil prices fell around 3% in 2024, slipping for a second straight year, as the post-pandemic demand recovery stalled, China's economy struggled, and the US and other non-Opec producers ...

The rise follows Angola's exit from the Organization of the Petroleum Exporting Countries (OPEC) on Dec. 21, 2023, driven by dissatisfaction with its production quota of 1.11 million barrels per day.

A weaker demand outlook in China in particular forced both the Organisation of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA) to cut their oil demand growth ...

OPEC+, consisting of the Organization of Petroleum Exporting Countries (OPEC) and some non-OPEC producing countries, extended production cuts through 2026, signaling continued efforts to stabilize oil ...