OPEC and Saudi spare oil production capacity
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S. official said on Tuesday.
Trump's call for OPEC to increase oil production is likely to 'fall on deaf ears': Analyst
Vandana Hari of Vanda Insights says that Trump's declaration of a national energy emergency was probably meant to send a strong message of his intentions to deregulate the oil and gas industry, and that it's unlikely OPEC would increase production as it is not in their interests.
OPEC+ Won't Change Oil Production Plans
OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to lower costs.
Trump may have given the Saudis and OPEC the excuse they needed to boost oil production
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after his promise to ask the Saudis and OPEC to lower the cost of oil led to a downturn in crude prices.
OPEC+ Can Appease Trump Even While Defying Him on Production
US President Donald Trump and Saudi Crown Prince Mohammed bin Salman during a March 2018 meeting at the White House. At the start of his second term, Trump called on OPEC+ to lower oil prices.
Opec sticks to production plan despite Trump pressure
The Opec+ alliance has stuck to its production policy amid pressure from US President Donald Trump to lower crude prices by boosting output. “The members of the JMMC [Joint Ministerial Monitoring Committee] reaffirmed their commitment to the DoC (Declaration of Co-operation),
OPEC+ likely to stick to oil output hike plan, sources say
OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, despite U.S. President Donald Trump urging OPEC to lower prices.
OPEC+ Sticks to Supply Plan Even as Trump Seeks Oil Price Cut
OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald Trump called on the group to lower crude prices.
US producers, Saudi Arabia resist Trump's push for increased oil production, WSJ reports
American oil producers and Saudi Arabia are pushing back against U.S. President Donald Trump's call to ramp up oil production, signaling reluctance to align with his strategy to lower global energy prices,
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
Opec drops US Energy Information Administration as data monitor
Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...
OPEC+ sticks to oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...
Trump wants OPEC to bring down oil prices. That could hurt America's booming energy industry.
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...
Crude Oil Prices1d
OPEC Drops U.S. EIA as a Secondary Source Assessing Oil Production
OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...
Hosted on MSN1d
OPEC to monitor oil production compliance as Nigeria eyes 2.7mbpd
Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...
TheCable1d
OPEC+ reaffirms commitment to monitor production adjustment for oil market stability
The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, have reaffirmed commitments to monitor ...
Rigzone21h
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.