Venezuela may remain in Organization of the Petroleum Exporting Countries (OPEC) thanks to US President Donald Trump ...

President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of ...

Leading oil producing nations confirmed on Sunday that they would remain cautious on their outlook after the U.S.' raid in ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

VIENNA—OPEC members are inching toward a compromise that could lead them to cut oil supply, as the producer group this week prepares for one of its most closely watched meetings in years. Saudi Arabia ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. The world may be heading for an even greater ...

Venezuela has reached out to OPEC to address what it has called “threatening and illegal activity from the United States.” President Nicolás Maduro has made it clear in his letters to OPEC and OPEC+ ...

The meeting by the key OPEC+ members -- called the V8 -- could result in another boost in oil production, analysts say The OPEC+ group comprises the 12-nation Organization of the Petroleum Exporting ...

Global oil markets are again showing the impact of emotions and misinterpretation. The so-called surprise production increase taken by eight (8) leading members of OPEC is, in principle, not relevant ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they continue to unwind a set of voluntary supply cuts ...