Overall, the combined output of OPEC and its allies in December totaled 40.654 million bpd, slightly lower than November’s 40.669 million bpd. Iran’s heavy crude oil price averaged $73 per barrel in ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to increase domestic oil production.

based on OPEC data. It was former U.S. President Donald Trump who ditched the West's nuclear deal with Iran and reimposed sanctions on Iranian oil in 2018. Set to return to the White House in ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

LONDON, Jan 7 (Reuters) - OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

US 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.

OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group pointing to a plan already in place to start raising oil output from April. Trump ...

OPEC’s crude production dipped last month as ... Modest gains in Libya and Nigeria were offset by similar-sized reductions in Iran and Kuwait.