Muhammad Ali Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be examined strictly according to the interests of OPEC.

Both “pan” and “omni” mean “all,” and the distinction between omnisexuality and pansexuality is hazy. Some people use them interchangeably. Bisexuality, at its core, involves ...

Oil prices dropped over 1% following U.S. President Trump's call for OPEC to reduce prices to weaken Russia's finances amidst the Ukraine conflict. Trump threatened sanctions if no agreement is ...

Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office ...

However, this recovery has now placed the government in a difficult position, as it faces the challenge of balancing increased production with OPEC’s output restrictions. Although the government ...

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices. Just days into his second term, Trump told ...

However, the complexity of oil politics and the economic interests of OPEC nations may mean that such a change is unlikely without significant negotiations. Saudi Arabia, in particular ...

Neither Riyadh nor OPEC’s Vienna-based secretariat gave any ... in China and plentiful new supplies from across the Americas mean there is still the risk of an oil surplus, they said.

Trump believes that lowering oil prices by increasing OPEC output will force Russia to end the war in Ukraine. The Kremlin has dismissed Trump's threats of additional sanctions. Experts are ...

Crude oil futures turned lower Thursday to their weakest levels in two weeks after President Trump called for Saudi Arabia and OPEC to lower oil prices, implying a need to raise output.

“I am also going to ask Saudi Arabia and OPEC to bring down the cost of oil. You got to bring it down,” Trump said, appearing via video link from the White House. “Which, frankly, I’m surprised they ...