By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...

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 ...

The Organisation of the Petroleum Exporting Countries (OPEC) stands as one of the most influential international organisations in the global economy, wielding enormous power over world energy markets ...

Nigeria has been defaulting on crude oil cut agreements. On Thursday, April 9, 2020 OPEC and its allies (referred to as OPEC+) agreed to cut global crude oil output by a record 10 million barrels per ...

Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid to gain a bigger market share of crude sales. Oil ministers in ...

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+ ...

OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise ...

OPEC+ nations gathering this weekend are once again grappling with the thorny question of how much oil they're physically able to pump. OPEC+ nations gathering this weekend are once again grappling ...

Leading oil producing nations confirmed on Sunday that they would remain cautious on their outlook after the U.S.' raid in Venezuela, saying they wouldn't make any drastic changes to production levels ...