In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

The omission begins to make sense when you consider Trump’s pitch to “Make America Great Again.” In his inaugural address on ...

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

Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...

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 ...

US President Donald Trump has asked the OPEC (Organisation of the Petroleum Exporting Countries) to cut the prices of oil, arguing that it would stop the Russia-Ukraine war. He had made a similar ...

“I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil." The remarks were the first of Trump's four-day-old presidency to global business and political leaders at a time when ...

However, that is now pushed back until September 2026. OPEC Dec crude production fell -120,000 bpd to 27.05 million bpd. Crude oil demand in China has weakened and is a bearish factor for oil prices.

U.S. President Donald Trump has vowed to impress on Saudi Arabia and the Organisation of Petroleum Export Countries (OPEC) to crash the price of crude oil in the global market, arguing that it would ...

New Delhi: India’s oil product demand rose by 419,000 barrels per day (tb/d) in November 2024, marking a 7.9% year-on-year increase, as diesel, gasoline, and LPG consumption drove growth, according to ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...