Collapse in OPEC and Saudi Production (tb/d ... had pursued aggressive expansion of oil production after the 1973 Oil Crisis, but after his fall, the new government argued that he had wasted ...

The move was triggered by the start of the oil crisis of October 1973, when OPEC fuel producers started an embargo to the United States in response to President Richard Nixon’s request to send $ ...

U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually lead to a new oil price war ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

It has been 50 years since the Arab oil embargo and the ensuing crisis, which broke in October 1973. The initiating ... oil demand would peak in 2030. OPEC, in a separate study, said it expects ...

The defeat of the Heath government was one episode in an economic and political crisis ... October 1973 war broke out in the Middle East, leading to a quadrupling of oil prices by OPEC, which ...