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

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald Trump said.

Obviously, the news of the Russian invasion of Ukraine and all the efforts by much of the world to stop doing business with Russia has failed to reach the members of Opec. I am being sarcastic ...

After having a stellar start to the year, oil have slipped again as US President Trump called on the world’s top producers to ...

OPEC Retains Production Levels ... President Donald Trump withdrew the U.S. from the deal. Later, President Joe Biden expressed a willingness to renew talks but no action was taken during his ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

“Preliminary production numbers show that OPEC production fell by 70k b/d MoM to 27.03m b/d in January according to a ...

He said he would ask Saudi Arabia and OPEC to bring down the cost of ... Trump also warned that if there was not a ceasefire deal soon, he would "have no other choice" but to impose tariffs ...

LONDON, Jan 15 (Reuters) - OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic ...