The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular ...

By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning ...