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.

As the Ukrainian News agency earlier reported, on January 23, U.S. President Donald Trump said that he intends to ask OPEC countries to lower oil prices, since a decrease in the cost of "black gold" ...

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“So, OPEC ought to get on the ball and drop the price of oil. And that war will stop right away.” But the push on OPEC+ is an uphill battle, according to industry experts. The alliance last ...

Research on the effects of olive oil for eczema is mixed. Some studies suggest it may help relieve inflammation and pain, while others found that it may damage the skin barrier and worsen symptoms.

(Bloomberg) -- Oil fell after President Donald Trump said he’ll push Saudi Arabia and OPEC to reduce the price of crude, reviving a tactic to control energy prices that he frequently employed ...

NEW YORK (Reuters) -Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum. Uncertainty over ...

Nigeria “should be able to negotiate an increased quota with OPEC if they can demonstrate they can sustain production.” Nigeria has grappled with the problem of oil theft and vandalism for decades, so ...

The International Monetary Fund downgraded its growth forecasts for Saudi Arabia by more than any other major economy it tracks, citing the decision by the oil alliance OPEC+ to extend production ...

By 1997, when 84 countries signed the Kyoto Protocol to curb global greenhouse gas emissions, the oil industry had built an effective apparatus for actively discrediting climate science and ...