Tag Archives: OPEC

[ad_1] While the price of crude regularly rises to $ 80 per barrel, President Trump again criticized Thursday OPEC: "Prices continue to climb while the United States spend billions to protect oil …

[ad_1] DUBAI (Reuters) – OPEC and its allies are unlikely to agree to an official increase in crude production when they meet in Algeria this weekend, although pressure is mounting on major …

[ad_1] Oil prices were put under pressure on Thursday after US President Donald Trump called on OPEC to "lower prices now!" before a meeting of the major oil exporters. World benchmark crude …

[ad_1] PResident Trump said Thursday that Middle Eastern countries should help lower oil prices for the United States, because the United States is helping to protect nations in this region of the …

[ad_1] The oil group confirmed Tuesday that OPEC would not be ready to increase production to cope with the contraction of supplies from Iran and that Saudi Arabia said it was in …

[ad_1] US oil prices on Wednesday morning traded higher as Hurricane Florence moved to the East Coast, pushing up crude oil demand and raising concerns over turbulence. gasoline and pipelines in the …

[ad_1] CALGARY, Alta. (Reuters) – The OPEC president on Monday defended the oil producers group against US President Donald Trump's recent demands for higher oil production, saying that OPEC is not responsible. …

[ad_1] Iran's oil minister on Saturday accused US President Donald Trump of insulting OPEC by ordering it to increase production and reduce prices, adding Iranian oil production and exports Trump accused on …

[ad_1] The United States is not a member of OPEC, a cartel anathema to liberal capitalism of the world's largest economy. Still, presidents have long lobbied its main producer, Saudi Arabia, for …

[ad_1] DUBAI (Reuters) – Iran has pledged OPEC members to "refrain from any unilateral measures", warning that it would undermine the unity of OPEC, following reports that Saudi Arabia has raised its …