The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to increase domestic oil production.

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He called on Saudi Arabia and its allies to reduce oil prices. OPEC+ has ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

"I would much prefer a Verified Nuclear Peace Agreement, which will let Iran peacefully grow and prosper," Trump said in the ...

The Vienna-based cartel still expects demand to grow by 1.45 million barrels a day this year and forecast growth of 1.43 million barrels a day the next, driven by transportation fuels.

OPEC Secretary General highlights the importance of oil market stability for global economic growth and investment, stating that the world cannot live without oil.

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