The Biden administration would be unlikely to keep prices at the pump down by tapping the Strategic Petroleum Reserve if…
OPEC+ announced Wednesday that it will cut oil production by 2 million barrels per day in a move that may…
The Organization of the Petroleum Exporting Countries (OPEC), the powerful Middle Eastern oil cartel, stuck to its planned incremental production…
President Joe Biden has shifted from asking Russian energy producers for more oil to reiterating calls for Middle Eastern nations…
Larry Klayman and Freedom Watch, Inc. have filed an antitrust complaint against the Organization of Petroleum Exporting Countries, commonly known…
Oil prices surged again Friday after foreign producers ignored the Biden administration’s repeated requests to boost output and resolve global…
The price of oil surged Monday after the Organization of the Petroleum Exporting Countries (OPEC) doubled down on its plans…
The Organization of the Petroleum Exporting Countries (OPEC), the powerful organization that oversees Middle Eastern oil production, blamed high gasoline…
Oil prices tumbled Monday as Saudi Arabia and Russia haggle over whether to reduce crude production amid fears that coronavirus…
U.S. crude oil imports from the Saudi Arabian-led Organization of the Petroleum Exporting Countries (OPEC) fell to a 30-year low,…
By Joe Hammond The fracking revolution may soon transform the United States into the world’s largest producer of oil, but…
President Donald Trump told Saudi Arabia, Russia and their oil cartel partners to “take it easy” on efforts to tighten…
Looking to bolster its influence on the international oil market, Saudi Arabia is pushing Russia to enter into a formal…
Booming U.S. oil production is wreaking havoc on the Organization of the Petroleum Exporting Countries’ (OPEC) influence of the international…