Organization Of Petroleum-Exporting Countries

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Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members at their headquarters in Vienna, Austria, Friday, March 6, 2020. (AP Photo/Ronald Zak)

Oil price dives as OPEC, Russia fail to agree on output cut

By DAVID McHUGH and KIYOKO METZLER - Associated Press

Prince Abdulaziz bin Salman Al-Saud, Minister of Energy of Saudi Arabia, arrives for an informal meeting of oil ministers of the Organization of Petroleum Exporting Countries, OPEC, at the OPEC headquarters in Vienna, Austria, Wednesday, March 4, 2020. (AP Photo/Roland Zak)

OPEC calls for big production cut, but will Russia agree?

By The Associated Press - Associated Press

Oil Cartel in Trouble Illustration by Greg Groesch/The Washington Times

Despite current turmoil, OPEC collapse is not imminent

By Kevin Cochrane

Prince Abdulaziz bin Salman Al-Saud, center, Minister of Energy of Saudi Arabia looks prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, Dec. 5, 2019. (AP Photo/Ronald Zak)

OPEC countries, Russia to cut oil output, pushing up prices

By DAVID McHUGH - Associated Press

FILE - In this June 11, 2019, photo a pump jack operates in an oil field in the Permian Basin in Texas. The world may be heading into an oversupply of oil, and that possibility is hanging over members of the OPEC cartel, which will meet later this week to decide whether to further cut production to boost prices. (Jacob Ford/Odessa American via AP, File)

OPEC talks end without announcement of expected cuts

By KIYOKO METZLER and DAVID McHUGH - Associated Press

FILE - In this March 8, 2018, file photo wetlands are seen beyond the Shell Norco refinery in Norco, La. The world may be heading into an oversupply of oil, and that possibility is hanging over members of the OPEC cartel, which will meet later this week to decide whether to further cut production to boost prices. (AP Photo/Gerald Herbert, File)

OPEC nations grapple with oversupply of oil

By CATHY BUSSEWITZ - Associated Press

A Saudi man walks past a &quot;Vision 2030&quot; display at a stand about Saudi Arabia during the World Energy Congress in Abu Dhabi, United Arab Emirates, Tuesday, Sept. 10, 2019. Amin Nasser, the chairman and CEO of the state-run oil giant Saudi Aramco, told journalists Tuesday a planned initial public offering of a sliver of the company's worth would happen &quot;very soon.&quot; &quot;Vision 2030&quot; is an ambitious plan by Saudi Arabia's Crown Prince Mohammed bin Salman that includes the IPO of a small part of Saudi Aramco to help fund its efforts. (AP Photo/Jon Gambrell)

OPEC, allies weigh further oil production cut in December

By JON GAMBRELL and FAY ABUELGASIM - Associated Press

Khalid Al-Falih, Minister of Energy, Industry and Mineral Resources of Saudi Arabia stands prior to the start of a meeting the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Monday, July 1, 2019. (AP Photo/Ronald Zak)

Non-OPEC members back cartel’s extension of production cuts

By KIYOKO METZLER and DAVID RISING - Associated Press

Energy ministers from OPEC and its allies meet to discuss prices and production cuts, in Jiddah, Saudi Arabia, Sunday, May 19, 2019. (AP Photo/Amr Nabil) ** FILE **

OPEC weighs extension of output cuts amid slackening demand

By Kiyoko Metzler and Cathy Bussewitz - Associated Press

World leader in natural gas

By Tim Constantine

FILE - This April 4, 2009, file photo, shows a gas production facility at Ras Laffan, Qatar. The tiny, energy-rich Arab nation of Qatar announced on Monday, Dec. 3, 2018 it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. (AP Photos/Maneesh Bakshi, File)

EDITORIAL: Congress must pass the bipartisan NOPEC to exploit good energy news

By THE WASHINGTON TIMES

President Donald Trump listens during his meeting with Chinese Vice Premier Liu He in the Oval Office of the White House in Washington, Friday, Feb. 22, 2019. (AP Photo/Susan Walsh)

Donald Trump warns OPEC against oil price hikes: ‘Take it easy’

By Gabriella Muñoz - The Washington Times

Illustration on the future of the oil market by Linas Garsys/The Washington Times

Price controls in Canada and market isolationism in Mexico create costly uncertainty

By George David Banks

FILE- This Oct. 9, 2018, file photo shows an oil rig and pump jack in Midland, Texas. After a turbulent two months during which oil prices plummeted from a four-year high to a one-year low, investors may wonder what comes next for U.S. crude. (Jacob Ford/Odessa American via AP, File)

US oil prices predicted to climb in 2019 on lower supply

By ALEX VEIGA - Associated Press

Journalists listen to a video during a meeting of the Organization of the Petroleum Exporting Countries, OPEC, and non OPEC members, at their headquarters in Vienna, Austria, Friday, Dec. 7, 2018. (AP Photo/Ronald Zak)

The Latest: OPEC backs 6-month oil production cut package

Associated Press

Khalid Al-Falih Minister of Energy, Industry and Mineral Resources of Saudi Arabia speaks prior to the start of a meeting of the Organization of the Petroleum Exporting Countries, OPEC, at their headquarters in Vienna, Austria, Thursday, Dec. 6, 2018. (AP Photo/Ronald Zak)

Oil producers join forces and cut production again

By ANTHONY MILLS and KIYOKO METZLER and DAVID RISING - Associated Press

People stand in front of the headquarters of the Organization of the Petroleum Exporting Countries, OPEC, in Vienna, Austria, Wednesday, Dec. 5, 2018. (AP Photo/Ronald Zak)

OPEC expected to cut oil production to support price

By Kiyoko Metzler and Carlo Piovano - Associated Press

People stand in front of the headquarters of the Organization of the Petroleum Exporting Countries, OPEC, in Vienna, Austria, Wednesday, Dec. 5, 2018. (AP Photo/Ronald Zak)

The Latest: OPEC output decision delayed until Russia talks

Associated Press

FILE - This April 4, 2009, file photo, shows a gas production facility at Ras Laffan, Qatar. The tiny, energy-rich Arab nation of Qatar announced on Monday, Dec. 3, 2018 it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. (AP Photos/Maneesh Bakshi, File)

Oil prices perk up on trade truce, possible OPEC decision

By DAVID KOENIG - Associated Press

This undated file photo shows a Qatari liquid natural gas (LNG) tanker ship being loaded up with LNG at Raslaffans Sea Port, northern Qatar. The tiny, energy-rich Arab nation of Qatar announced on Monday, Dec. 3, 2018 it would withdraw from OPEC, mixing its aspirations to increase production outside of the cartel's constraints with the politics of slighting the Saudi-dominated group amid the kingdom's boycott of Doha. (AP Photo, File)

Qatar will pull out of OPEC amid tension with Saudi Arabia

By Jon Gambrell - Associated Press