OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

"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 ...

President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, ...

By Ben Aris in Berlin As its parting shot, the Biden administration imposed thetoughest sanctions yet on Russian oil. The ...

In recent weeks, U.S. President Donald Trump has stressed the importance of high oil prices in Russia’s ability to wage war ...

President Donald Trump called on the Organization of the Petroleum Exporting Countries to lower oil prices during the World ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and ...

The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in ...

The meeting of top ministers from the Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+, is scheduled for 1300 GMT on Monday, days after Trump called on OPEC and ...