The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...

In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.

This was largely due to members of the Organization of Petroleum Exporting Countries (OPEC) imposing an embargo ... So the most powerful big-block engine of the decade was introduced in 1970 ...

Jorge León spent several years in the OPEC engine room and is now a vice president of the Rystad Energy consulting firm. He forecasts Brent prices to remain at “high levels” in the second ...

Members of the Organization of Petroleum Exporting Countries will revive oil production in April, committing to a deadline energy experts assumed was headed for a delay. The coalition and allies ...

OPEC, or the Organization of the Petroleum Exporting Countries, serves as an organizing body of the world's largest producers of oil. Its purpose, per its website, is to "coordinate and unify the ...

The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...

The group includes the 12 members of OPEC, the long-standing group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...