OPEC Faces Test as Middle East Tensions Mount. OPEC unlikely to shift policy unless Iranian production disrupted, analysts say. By . Giulia Petroni. Share. Resize. Listen (1 min) ...

OPEC has become a vehicle for the Russian president to reverse his isolation, write Jim Krane and Mark Finley. ... which bankrolls many of the anti-Israel paramilitaries in the Middle East.

The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.

OPEC was formed by five petroleum-rich countries in 1960. At the time, the global oil market was dominated by a group of multinational, Anglo-American companies known as the “Seven Sisters.” ...

Oct. 7 (UPI) --There's no reason to continue offering military support to Middle East oil giants such as Saudi Arabia and the United Arab Emirates after their decision to trim oil production, U.S ...

Oil prices climbed this week as unrest in the Middle East escalated. Stay up to date with notifications from The Independent. ... did little to boost prices for OPEC and its 12 oil-producing nations.

Oil prices steadied on Tuesday after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply. Brent crude futures rose 17 cents, or 0 ...

A Middle East expert weighs in on Iran's retaliatory targets after the Trump administration's surprise strikes against three ...

Middle East US troops should be withdrawn from Saudi Arabia, UAE in wake of OPEC decision to slash oil production, Democratic lawmakers say ...

Jan 9 (Reuters) - Oil prices steadied in early trade on Tuesday after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply. Brent ...

Oil prices are calming after spiking over the last several days as the conflict between Israel and Iran has escalated, ...

Oil prices steadied on Tuesday after sliding in the previous session, as markets weighed Middle East tension against demand worries and rising Opec supply. Brent crude futures rose 17 cents, or 0. ...