In 2021, OPEC estimated that 80% of the world’s proven crude oil reserves were located in member countries, which thus stand to benefit from higher prices. This dynamic has led many economists ...

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine ...

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the ...

President Donald Trump will give a virtual address and answer questions from the World Economic Forum on Thursday.

Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.