Organization Of Petroleum-Exporting Countries

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OPEC+ weighs oil output as gas prices hit 2-year low

By David McHugh - Associated Press

A woman walks with an umbrella to shield herself from the sun during the COP28 U.N. Climate Summit, Saturday, Dec. 9, 2023, in Dubai, United Arab Emirates. (AP Photo/Peter Dejong)

Observers see OPEC ‘panicking’ as COP28 climate talks focus on possible fossil fuel phase-out

Associated Press

OPEC+ suppliers struggle to agree on cuts to oil production even as prices tumble

By Courtney Bonnell and Josh Boak - Associated Press

The prices of the various grades of gasoline available are displayed electronically on a pump at a filling station on Sept. 18, 2023, in Newcastle, Wyo. Oil prices have risen, meaning drivers are paying more for gasoline and truckers and farmers more for diesel. The increase also is complicating the global fight against inflation and feeding Russia's war chest to boot. (AP Photo/David Zalubowski, File)

Oil prices have risen. That’s making gas more expensive for U.S. drivers and helping Russia’s war

By David McHugh - Associated Press

With oil prices slumping, OPEC+ producers weigh more production cuts

By David McHugh - Associated Press

Illustration on OPEC's recent actions on oil supply cuts by Linas Garsys/The Washington Times

OPEC+ cuts raise fears of inflation, dollar erosion

By Peter St. Onge

OPEC+ oil producers face uncertainty over Russian sanctions

By David McHugh - Associated Press

U.S. President Joe Biden speaks during a media conference at the end of a NATO summit in Madrid, Spain on Thursday, June 30, 2022. North Atlantic Treaty Organization heads of state met for the final day of a NATO summit in Madrid on Thursday. (AP Photo/Bernat Armangue)

Biden’s morning after the elections hangover will a be a headache for the Fed

By Peter Morici

President Joe Biden speaks during a Democratic National Committee event at the Howard Theatre, Tuesday, Oct. 18, 2022, in Washington. (AP Photo/Evan Vucci)

Biden to release 15M barrels from oil reserve, more possible

By Josh Boak and Zeke Miller - Associated Press

In this photo released by the Saudi Royal Palace, Saudi Crown Prince Mohammed bin Salman, right, welcomes President Joe Biden upon his arrival at Al-Salam palace in Jeddah, Saudi Arabia, Friday, July 15, 2022. (Bandar Aljaloud/Saudi Royal Palace via AP)

U.S. and Saudi officials trade shots over OPEC cuts, testing longstanding ties

By Joseph Clark - The Washington Times

FILE - In this image released by the Saudi Royal Palace, Saudi Crown Prince Mohammed bin Salman, right, greets President Joe Biden with a fist bump after his arrival at Al-Salam palace in Jeddah, Saudi Arabia, July 15, 2022. (Bandar Aljaloud/Saudi Royal Palace via AP, File)

Team Biden’s energy problem

By Editorial Board - The Washington Times

President Joe Biden speaks at the Summit on Fire Prevention and Control in the South Court Auditorium on the White House complex in Washington, Tuesday, Oct. 11, 2022. Biden is reevaluating the U.S. relationship with Saudi Arabia after the Riyadh-led OPEC+ alliance of oil producing nations last week announced it would cut oil production and as Democratic lawmakers call for a freeze on cooperation with the Saudis. (AP Photo/Susan Walsh)

Biden demands reevaluation of U.S.-Saudi relationship after OPEC cuts

By Joseph Clark - The Washington Times

In this image released by the Saudi Royal Palace, Saudi Crown Prince Mohammed bin Salman, right, greets President Joe Biden with a fist bump after his arrival at Al-Salam palace in Jeddah, Saudi Arabia, Friday, July 15, 2022. (Bandar Aljaloud/Saudi Royal Palace via AP)

Biden says he doesn’t regret Saudi trip, even as OPEC+ agrees to cut production

By Jeff Mordock - The Washington Times

The sun sets behind an idle pump jack near Karnes City, USA, April 8, 2020. Oil prices are sagging amid fears of recessions across the globe. OPEC and allied countries are weighing what to do about that when they meet online Thursday, Sept. 8, 2022. High oil prices were a bonanza for countries like Saudi Arabia over the summer, but now they're well off those highs. Saudi Arabia's oil minister has even said the group known as OPEC+ could cut production at any time. (AP Photo/Eric Gay, File)

OPEC+ makes small trim to world oil supplies as prices fall

By David McHugh - Associated Press

OPEC slows oil production boost despite high gas prices

By Cathy Bussewitz - Associated Press

A man stands under American and Saudi Arabian flags prior to a visit by U. S. President Joe Biden, at a square in Jeddah, Saudi Arabia, Thursday, July 14, 2022. As President Joe Biden prepares to meet Saudi Crown Prince Mohammed bin Salman on Friday, the prince's reputation as a brazen leader whose rise to power coincided with a sweeping crackdown on critics will likely cast a shadow on the meeting. (AP Photo/Amr Nabil, File)

White House says oil deal with Saudi Arabia unlikely during Biden visit

By Jeff Mordock - The Washington Times

Mohammad Barkindo, secretary-general of OPEC, is shown during a panel discussion at CERAWeek by IHS Markit at Hilton Americas,1600 Lamar St., on March 7, 2017, in Houston. Barkindo died late Tuesday, a spokesperson for Nigeria's petroleum ministry told The Associated Press on Wednesday, July 6, 2022. (Melissa Phillip/Houston Chronicle via AP, File)

OPEC secretary-general has died, Nigerian officials say

By Chinedu Asadu and Aya Batrawy - Associated Press

OPEC+ may not be much help with high oil, gasoline prices

By Cathy Bussewitz - Associated Press

OPEC+ alliance boosts oil production as energy prices soar

Associated Press

Fuel trucks line up in front of storage tanks at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. The OPEC oil cartel and allied countries including major exporter Russia are weighing how much oil to send to the world economy as U.S. gas prices hit another record high. Thursday’s meeting comes amid speculation that the 23-member alliance, known as OPEC+, may considered breaking from its cautious series of increases and agree to pump more oil amid fears that high energy prices could slow the global economy. (AP Photo/Amr Nabil) **FILE**

White House cheers OPEC+ agreement to ramp up oil production amid global pressure

By Ramsey Touchberry - The Washington Times