A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC , a group of major oil-exporting nations, ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Iranian President Masoud Pezeshkian on Thursday urged the members of the Organisation of the Petroleum Exporting Countries (OPEC) to unite and consistently prevent the U.S. from pressuring any of ...

Brazil announced that it was joining a charter of the Organization of Petroleum Exporting Countries (OPEC) and its allies that is aimed at discussing ...

TEHRAN, Feb. 6 (Xinhua) -- Iranian President Masoud Pezeshkian on Wednesday urged the members of the Organization of the Petroleum Exporting Countries (OPEC) to unite and consistently prevent the ...