Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, and OPEC+ will have to carefully navigate through all these to remain a ...

The Trudeau government becomes more convinced every day that Alberta oil is going to be their best weapon for fighting ...

Amid the energy crisis of the 1970s, President Jimmy Carter hoped to reduce America's dependence on foreign oil.

Over the decades, OAPEC played a key role in shaping Arab petroleum policies and made impactful decisions, such as the 1973 oil embargo. However ... Of these, six are also members of OPEC.

The Organization of the Petroleum Exporting Countries (OPEC) may no longer wield the market-shaping power it once did over global oil prices. This is the perspective shared by Patrick De Haan, Head of ...

General Motors was known for swaying market forces rather than being swayed by them, but the 1973 OPEC oil embargo and looming federal fuel economy standards created outside pressures the likes of ...

Oando Plc says its oil production has grown by 40 per cent since it acquired the Nigerian Agip Oil Company. Oando, in a statement announcing its unaudited report for the nine months ended ...

NEW YORK, Dec 23 (Reuters) - Oil prices edged lower on Monday in thin trade ahead of the Christmas holiday on concerns about a supply surplus next year and a strengthened dollar. Brent crude ...

The U.S. briefly adopted year-round daylight in 1974-75, in hopes of pushing more daylight into later hours and cutting energy use during the OPEC oil embargo. But using daylight savings time in ...

warning Iran it would face economic isolation Tehran remains defiant and says it will block the sensitive oil-important Strait U.S. warns that closure of the Strait would trigger a massive ...