U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

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.

U.S. President Donald Trump will reimpose "maximum pressure" on Iran and drive its oil exports down to zero, a U.S. official ...

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He ...

OPEC, or the Organization of the Petroleum Exporting Countries, serves as an organizing body of the world's largest producers of oil. Its purpose, per its website, is to "coordinate and unify the ...

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 ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

The problem is that OPEC and other experts are far from a consensus despite being five months into 2024. Indeed, OPEC and the IEA can't even agree on the pace of demand in the first quarter ...

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at buoying global oil markets. Output from the Organization of Petroleum ...

Large field in central Iraq Estimated output of 5,000bpd Pressure to comply with Opec Iraq has announced the discovery of a massive oil field expected to significantly increase the ...

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...