Sen. Joe Manchin III, D-W.Va., said OPEC's maneuver shows why the Senate should reconsider his permitting proposal, which would limit environmental permitting timelines, rewrite federal water laws ...

OPEC+ members committed to unwinding oil production curbs starting in April. The oil cartel has held back supply in an effort to boost crude prices globally. The April timeline is surprising ...

With rising tensions, those exports are expected to dip further, and there’s no timeline for how long this disruption could last. OPEC increases output to stabilize the market.

The cartel has decided to maintain production targets in one of its most closely watched meetings in years. Here’s a look back at other momentous events in OPEC’s history.

LONDON (Reuters) -OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected lower ...

Trump's new Iran timeline benefits oil prices, expert says. ... (C-R) walk out with other delegates after the end of OPEC meeting in Riyadh, on June 2, 2024.

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela.. Output from the ...

An oil port at Ras Tanura, Saudi Arabia, in 2018. The kingdom and seven other members of the OPEC Plus oil cartel will ramp up oil production by 411,000 barrels a day in July.