OPEC

A shale oil boom in the U.S. is helping to create a glut in supply, putting pressure on OPEC to cut production.

"Uncertainties remain, the challenge gets harder, but the future's bright, now we've a charter," the OPEC+ poem read.

Qatar's energy affairs minister announced that the country would end its 57-year membership in the cartel because it wanted to develop its liquefied natural gas.

To many, the United States appears beholden to the Saudi kingdom. In actuality, Riyadh needs Washington more than Washington needs Riyadh.

Oil prices have dropped significantly, with the U.S. benchmark price dipping below $60 per barrel.

"U.S. sanctions against Iran will both weigh on Iran's oil production prospects in the medium term and reduce Iran's crude exports in the short term...," the report predicts.

The world's top two oil producers struck a deal to raise output starting last month, according to reports.

Prices could reach $90 a barrel.

"You impose sanctions on major producers ... and yet you are asking them to reduce the prices?"

The president is worried about gas prices ahead of the midterms.

Trump has long believed OPEC is "ripping us off."

The leader of one of the world's biggest oil producers officially owns three Russian-made cars.

Oil companies' cost-cutting efforts virtually ensure we won't soon see a return to $100 per barrel pricing.

Donald Trump will push for the construction of Keystone XL and the Dakota Access Pipeline, but his overall blueprint for America's energy supply is full of contradictions and outdated assertions.

OPEC members have agreed to cut output by 1.2 million barrels per day for the first half of 2017.

The hard truth is OPEC has a lot more power in the oil industry than the U.S. president, no matter who the president is.

The country's oil supply is far greater than previously reported.

No matter how many times we hear that oil prices are cyclical, we tend to believe the present trend is here to stay.

Two energy advisers to Donald Trump want him to call out OPEC members for driving down world oil prices.

Elevation of Khalid al-Falih seen as message that Saudi Arabia is moving forward with plans to be less reliant on oil profits.

It may take years, but the effects of the electric vehicle industry will be devastating for many countries.

Brent crude oil appears to continue rising through what has been a volatile week for the industry.

Saudi Arabia blamed for scuttling deal amid concerns about Iran's production.

Despite improvements, the Nigerian National Petroleum Corporation still loses $15 million per month.

Saudi Arabia is at odds with Russia over Syria, but the Gulf State will still try to find common ground.

Saudi oil minister says that the decision was taken as "we want a stable oil price."

The country's deputy oil minister says 500,000 more barrels of oil per day will be produced.

Crude oil futures tumbled 6 percent on Monday, reaching their lowest in nearly seven years.

How long can Riyadh endure the financial strain, and how long can the current Saudi leadership maintain stability?

Iraq's oil minister announced the formation of a defensive unit to protect oil reserves and infrastructure from the militant group.