“They're not interested, really, in taking orders from OPEC headquarters about how much oil they can produce.” What Is the Structure of OPEC? Headquartered in Vienna, Austria, the organization ...

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 ...

Asked about Trump's comments, Saudi Economy Minister Faisal al-Ibrahim told a panel at the World Economic Forum in Davos on Friday that Saudi Arabia and OPEC were seeking long-term oil market ...

President Donald Trump called on OPEC states to slash oil prices as a way to get Russia to the negotiating table and bring an end to the war in Ukraine — but the move could backfire on the US ...

OPEC insists that year-over-year demand growth ... The Brent forward curve remains in backwardation, a market structure where prompt prices are higher than those for future deliveries—an ...