Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of ...

OPEC member countries produce about 40% of the world’s crude oil and coordinate their decisions on how much oil to produce for the international market. If they decide to cut their production ...

Oil prices started the week lower after Trump called on OPEC to increase production and potentially lower prices to help end ...

"Yes," he answered to the corresponding question from TASS. Extension term of OPEC deal on cutting oil production is not important for Russia, Russian Energy Minister Alexander Novak told journalists.

The decision by Opec+ members to cut oil production by 2 million barrels a ... worldwide supply of oil and its price”, said the BBC. Opec itself is formed of 13 states, which vary in prominence ...

In December, overall OPEC crude-oil production rose by 26,000 barrels a day to 26.74 million barrels a day, mainly driven by African producers. Libyan production rose by 53,000 barrels a day to ...

the Saudi Arabian oil minister, Ali al-Naimi, told the crowd that OPEC did the right thing by not cutting production at its meeting in November. According to Reuters' John Kemp, who alerted us to ...