FRANKFURT, Germany — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the law of ...
President Biden claimed Thursday that he doesn’t regret his July trip to Saudi Arabia after the Riyadh-led OPEC+ cartel of oil exporters cut production — and refused to rule out ...
The Biden administration is considering relaxing sanctions against Venezuela as the White House scrambles to avert another surge in US gas prices, according to a report late Wednesday. The administration’s ...
The Organization of the Petroleum Exporting Countries (OPEC) recently agreed to drastically slash oil production by 2 million barrels a day, potentially giving Russian President Vladimir Putin a win over ...
President Joe Biden “is disappointed by the shortsighted decision” by the Organization of the Petroleum Exporting Countries (OPEC) to cut production as the conflict between Russia and Ukraine continues, the ...
A cartel of oil-producing countries led by Saudi Arabia agreed to steep cuts in oil production, defying a behind-the-scenes diplomatic push by the Biden administration to avert cuts that could ...
Energy ministers meeting at the Vienna headquarters of the OPEC oil cartel cut production by 2 million barrels per day starting in November at their first face-to-face meeting since the ...
FRANKFURT, Germany — The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy — a ...
FRANKFURT, Germany — OPEC and allied oil-producing countries, including Russia, cut their supplies to the global economy by 100,000 barrels per day, underlining their unhappiness with crude prices that have ...
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