Administration officials now point to intensified opposition in Congress as a chief outcome of OPEC’s decision to slash ...

The call led to an oil production cut of about 9.7 million barrels per day by OPEC and its alliance countries OPEC+, for an initial period of two months that concluded on 30 June 2020, from 1 May ...

The oil cartel OPEC's choice to pare back oil supply will harm the global economy and especially developing countries, U.S. Treasury Secretary Janet Yellen told the Financial Times in an interview ...

OPEC+ delegates say that the cartel is unlikely to change current oil production targets amid significant uncertainties about ...

cajoling - to get OPEC to increase production to bring down oil prices. When OPEC+ responded not only by refusing to increase production but by actually cutting production, it was viewed in ...

Crude oil edged up on Wednesday as optimism for demand recovery in China and a likely unchanged output cut decision by major ...

An OPEC+ panel is likely to endorse the producer group's current oil output policy when it meets next week, five OPEC+ ...