In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.

The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...

While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...

“Each step towards building an effective sanctions regime ... The Trump administration could drive a wedge between Russia and OPEC, which has painted itself into a corner.

The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...

OPEC Fund President Abdulhamid Alkhalifa said ... growth in emerging markets and underscores our commitment to building strategic alliances that drive responsible banking.” ...

But Opec’s influence has been decreasing for ... the Republican president is taking advantage of vulnerabilities that have been building for years, which means, no matter what happens to Trump ...