Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

Russia’s central bank issued a warning to the government that oil prices could enter a prolonged slump on the back of higher ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

June 22, 2018 – OPEC announces that the Republic of the Congo has joined the organization. December 3, 2018 – Qatar’s state oil company, Qatar Petroleum, announces that the country will ...

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $69.27 per barrel, ...

Oil vigilantes ... is a concept suggesting that when challenges arise and oil prices plummet, the OPEC alliance will ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

The recent announcement by the US President Trump to impose 25% tariffs on countries buying Venezuelan oil has already shaken ...