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OPEC Can’t Make High Oil Prices Go Away – Silver Doctors

We are suffering from the combination of misguided energy policies, excessive money creation and ill-timed… by Daniel Lacalle via Mises High oil prices are a symptom of economic and monetary imbalances, not just a consequence of Organization of the Petroleum Exporting Countries (OPEC) decisions. Throughout history,...

OPEC member calls for calm after U.S. pressure to pump more oil

The United Arab Emirates' energy minister on Wednesday defended OPEC and its allies' decision to not increase oil supply to the market, despite U.S. pressure to pump more."I would encourage people to calm, trust us," Suhail al-Mazrouei told CNBC's Hadley Gamble from the...

Ask us to increase oil production, not OPEC

Workers guide a section of drill pipe into a rack after it was removed from a natural gas well being drilled in the Eagle Ford shale in Karnes County, Texas.Eddie Seal | Bloomberg | Getty ImagesThe chief executive of U.S. oil company Occidental Petroleum...

OPEC+ agrees to stick to oil production plan, defying U.S. pressure

An Emirati man stands in front of a pipeline at the oil terminal of Fujairah during the inauguration ceremony of a dock for supertankers on September 21, 2016.Karim Sahib | AFP | Getty ImagesOPEC and its oil-producing allies have agreed to continue with...