The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s trade policy is injecting a dose of uncertainty into markets.
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.
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
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 on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has been working to provide that stability. Speaking at the India Energy Week, ...
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The Geopolitics of Lithium in 2025
The United States must rethink lithium geopolitics in 2025 amid rising competition from China and Russia in Latin America's ...
Dominican Republic detained aircraft last year after US authorities said it had violated US sanctions against Venezuela.
HB85, Environmental Permitting Modifications, would create a more efficient and predictable permitting process for Utah's energy sources.
The US on Thursday seized a second aircraft belonging to the Venezuelan government in less than a year during a visit to the ...
Maduro’s oil minister also used the plane to attend a meeting of the Opec oil cartel in the United Arab Emirates in 2019, according to the Treasury Department. In September, the United States ...
The Organisation of Petroleum Exporting Countries (OPEC’) witnessed oil production decline in January for a second consecutive month amid lower output from ...
Caracas: Venezuela on Friday slammed the US seizure of one of its government planes as brazen theft and branded President ...