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

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 ...

Iranian president calls for solidarity from OPEC Iran says unilateral sanctions on oil would destabilise market OPEC secretary general visits Iran, OPEC says on X DUBAI, Feb 5 (Reuters ...

LONDON, Feb 5 (Reuters) - OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana continues to grow, the US government said in its first set of ...

“The OPEC ... es Salaam, Tanzania last week. “The idea is to try and demonstrate the capacity for a higher quota as required,” she stated. The special adviser noted that Nigeria’s oil ...

Iran Calls for OPEC to Unite Against Potential US Oil Sanctions By Elwely Elwelly DUBAI (Reuters) - Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions ...