‘Control of Venezuela oil is shifting rapidly from boardrooms to governments’, says Nigel Green of deVere Group.

Rising oil output from the Americas and potential U.S. control over Venezuela's reserves threaten to weaken OPEC's influence on global oil supply and pricing.

The biennial OPEC Seminar conference took place over July 9-10 at the Hofburg palace in Vienna. Key attendees included Saudi Prince and Energy Minister Abdulaziz bin Salman, along with a slew of other ...

Eight members of OPEC+ agreed on Sunday to lift their oil-production quotas by 137,000 barrels per day in October. Major oil producers on Sunday said they'll start to unwind even more of their ...

Brazil’s sharp oil-production swings are colliding with OPEC’s insistence that the crude market will remain broadly balanced next year, underscoring how unpredictable supply from major non-OPEC ...

Control of Venezuelan oil is shifting 'from boardrooms to governments' "What has changed recently is not the amount of oil in the ground, but who decides when it moves and where it goes," says Stephen ...