Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

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

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 ...

Venezuela may remain in Organization of the Petroleum Exporting Countries (OPEC) thanks to US President Donald Trump ...

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 ...

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 ...

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+ ...

Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET 8 OPEC members move to raise production by 547,000 per day, finalizing the reversal of a 2.2 million-barrel cut. Energy Aspects' Amrita Sen ...

President Donald Trump said that he believes it would be better for Venezuela to remain in the Organisation of the Petroleum ...

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 ...

LONDON, Nov 30 (Reuters) - OPEC oil output rose for a fifth month in November, a Reuters survey found, as increased Libyan production offset full adherence by other producers to cuts agreed in an OPEC ...