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

Hopes for a resumption oil flows have been buoyed by the Iraqi parliament’s approval last week of a budget amendment.

This means the government produced 1.42m barrels from 1.484m barrels in December. OPEC oil production dipped in December – Report OPEC appoints Nigeria's Adeyemi-Bero board of governors ...

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 where field maintenance had ...

Rigzone has contacted OPEC, the American Petroleum Institute (API), the International Association of Oil & Gas Producers (IOGP), the Trump transition team, the White House, and the U.S. Department ...

KUWAIT CITY, Feb 6: In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil ... to ensure a steady supply of oil at acceptable prices and diminishing the effectiveness ...

Trump may be leveraging lower oil prices to secure expanded Saudi investments in the US. He also referenced Saudi Arabia’s 1973 oil embargo, which had a profound ... increased oil output. However, ...

State government had just been reorganized from 150 separate agencies into Cabinet departments, just as inflation from the OPEC oil embargo was biting. Longley did find things to fix, but became ...

However, while Germany has recently dropped its opposition to an embargo, EU member states with even higher dependence on Russian oil, including Hungary and Slovakia, have asked for revisions of ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 532.50 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.72 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 ...