OPEC, Russia and other major oil producers failed to reach an agreement on proposed production increases on Monday — a third straight day of scheduled meetings without a deal.The main […]
Organization of the Petroleum Exporting Countries
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Back to news homeWhy $4-a-Gallon Gas May Be Coming Your Way This Summer
HOUSTON — Even as oil and gasoline prices rise, industry executives are resisting their usual impulse to pump more oil out of the ground, which could keep energy prices moving […]
Saudi Arabia Will Cut Its Oil Production, Allowing Russia’s to Grow
OPEC, Russia and other oil major producers reached an unusual agreement on production quotas on Tuesday, with Saudi Arabia committing to reducing its oil production by one million barrels a […]