Tag Archives: Organization of the Petroleum Exporting Countries (OPEC)

The group would meet in Vienna Austria to deliberate on the matter.

Trump on Monday expressed concern about oil prices.

Oil prices getting too high. OPEC. please relax and take it easy.

The West has sought for decades to secure oil resources for its own energy security.

Prices will drop in the coming months as demand softens.

Analysts say U.S. output will rise further and that oil firms will export more oil to sell off surplus stocks.

The main factor keeping oil prices from rising even further is soaring U.S. oil production.

Cooperation by Russia and Saudi Arabia on international energy markets will be continued.

Higher energy prices will lead to higher gasoline prices in the U.S.

OPEC and its partners implemented a slightly different version of their supply-cut agreement in 2017-2018.