Tag: OPEC

A German economist has filed a lawsuit against OPEC with a Berlin court, accusing the cartel of pushing up the prices of the gasoline...

The White House said it will work with Congress to potentially enable antitrust action against Opec after the producers' alliance slashed its crude production...

A US Senate committee passed a bill on Thursday that could expose the Organization of the Petroleum Exporting Countries and partners to lawsuits for...

A bill that would pave the way for the US to sue OPEC members and its allies under antitrust laws could have an unintended...

President Trump said Friday, April 10, the US would reduce its oil production to move forward with a tentative deal limiting global output, part...

President Donald Trump said on Monday, April 5, that OPEC had not pressed him to ask US oil producers to reduce their output to...

Saudi Arabia stated on Friday, March 27, it was not in talks with Russia to balance oil markets despite rising pressure from Washington to...

Saudi Arabia on Monday, April 8, denied a report that the kingdom is threatening to sell its oil in currencies other than the US...

Saudi Arabia is reportedly threatening to sell its oil in other currencies if the US passes a bill permitting antitrust lawsuits to be filed...

According to a report from Reuters, OPEC Secretary-General Mohammad Barkindo said the exporting group was “not in the business of manipulating or fixing (oil)...