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Tag: OPEC

The Organization of the Petroleum Exporting Countries is an intergovernmental organization or cartel of 13 countries. Founded on 14 September 1960 in Baghdad by the first five members, it has since 1965 been headquartered in Vienna, Austria, although Austria is not an OPEC member state.

Americans to Pay Less at Pump in Coming Months, More for Power in Coming Years: Report
Posted inEconomy

Americans to Pay Less at Pump in Coming Months, More for Power in Coming Years: Report

USNN World Newsby USNN World NewsSeptember 11, 2025September 11, 2025

By John Haughey Falling oil prices will spur a decline of about 20 cents per gallon of gasoline on average across the United States by the end of 2025, the U.S. Energy Information Administration is projecting in its Sept. 9 short-term energy outlook. “We expect the U.S. average retail price for regular-grade gasoline will average […]

Labor Day Gas Prices Lowest Since 2020, New Analysis Finds
Posted inEconomy

Labor Day Gas Prices Lowest Since 2020, New Analysis Finds

USNN World Newsby USNN World NewsAugust 29, 2025August 29, 2025
OPEC to Ramp Up Oil Output in August jpg
Posted inWorld

OPEC+ to Ramp Up Oil Output in August

USNN World Newsby USNN World NewsJuly 7, 2025July 7, 2025
Oil Prices Surge by Over 4 Percent Despite OPEC+ Supply Hikes
Posted inEconomy

Oil Prices Surge by Over 4 Percent Despite OPEC+ Supply Hikes

USNN World Newsby USNN World NewsJune 2, 2025July 22, 2025
Crude Oil Prices Decline Amid Unexpected US Inventory Buildup
Posted inEconomy

Crude Oil Prices Decline Amid Unexpected US Inventory Buildup

USNN World Newsby USNN World NewsMay 24, 2025May 24, 2025
Oil Prices Sink After OPEC+ Agrees to Boost Production in June
Posted inEconomy

Oil Prices Sink After OPEC+ Agrees to Boost Production in June

USNN World Newsby USNN World NewsMay 5, 2025May 5, 2025
Tariffs Could Reduce Global Oil Demand, OPEC Says
Posted inEconomy

Tariffs Could Reduce Global Oil Demand, OPEC Says

USNN World Newsby USNN World NewsApril 14, 2025April 14, 2025
US Crude Oil Exports Hit Record High: EIA
Posted inNational News

US Crude Oil Exports Hit Record High: EIA

USNN World Newsby USNN World NewsApril 11, 2025May 11, 2025
Bidding for Gulf Oil Leases Begins in June
Posted inNational News

Bidding for Gulf Oil Leases Begins in June

USNN World Newsby USNN World NewsApril 8, 2025May 30, 2025
OPEC Keeps Gradual Production Hike Plans Despite Trump’s Call to Lower Oil Prices Faster
Posted inWorld

OPEC Keeps Gradual Production Hike Plans Despite Trump’s Call to Lower Oil Prices Faster

USNN World Newsby USNN World NewsFebruary 3, 2025August 19, 2025
US Will Likely Stop Buying Oil From Venezuela: Trump
Posted inEconomy

US Will Likely Stop Buying Oil From Venezuela: Trump

USNN World Newsby USNN World NewsJanuary 22, 2025June 8, 2025
Oil, Gold Prices Jump on Global Uncertainties
Posted inEconomy

Oil, Gold Prices Jump on Global Uncertainties

USNN World Newsby USNN World NewsDecember 10, 2024August 30, 2025

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NATIONAL NEWS

  • Appeals Court Rejects Trump Admin’s Bid to Fast-Track Deportations to Third CountriesAppeals Court Rejects Trump Admin’s Bid to Fast-Track Deportations to Third Countries
    By Tom Ozimek A federal appeals court has denied the Trump administration’s request to lift a temporary restraining order blocking the government from fast-tracking the ...
  • Bidding for Gulf Oil Leases Begins in JuneBidding for Gulf Oil Leases Begins in June
    By John Haughey Bidding for nearly 100 million acres of offshore oil and gas leases off Louisiana and east Texas will begin in June in ...
  • Supreme Court Allows Trump Admin to Deport Venezuelan Immigrants Under Wartime LawSupreme Court Allows Trump Admin to Deport Venezuelan Immigrants Under Wartime Law
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  • Supreme Court Blocks Judge’s Order to Return Man Deported to El SalvadorSupreme Court Blocks Judge’s Order to Return Man Deported to El Salvador
    By Tom Ozimek The Supreme Court has temporarily blocked a lower court order requiring the federal government to return an illegal immigrant deported to El ...
  • FBI Issues Identity Theft Warning Against Criminals Claiming Tax RefundsFBI Issues Identity Theft Warning Against Criminals Claiming Tax Refunds
    By Naveen Athrappully The FBI issued an alert Wednesday, warning Americans about criminals stealing the identities of taxpayers to file fake returns and claim refunds. “The ...
  • Cattle Ranch Kid Grows Up Conservative and Goes to CongressCattle Ranch Kid Grows Up Conservative and Goes to Congress
    By Jackson Richman As he rumbled along on a tractor on his family’s cattle ranch in Texas, it wasn’t country music playing that helped Brandon ...
  • US International Trade Deficit Narrows in FebruaryUS International Trade Deficit Narrows in February
    By Naveen Athrappully America’s trade deficit for February narrowed down month-over-month, with exports rising and imports registering a slight decline, according to latest data from ...
  • Senate Passes Trump’s Agenda Budget Blueprint After Late-Night Voting SessionSenate Passes Trump’s Agenda Budget Blueprint After Late-Night Voting Session
    By Joseph Lord WASHINGTON—The U.S. Senate in the early morning hours of April 5 approved the budget blueprint to advance President Donald Trump’s agenda after ...
  • Trump Tells Americans to ‘Hang Tough’ Amid Tariff Turbulence, Promises ‘Historic’ OutcomeTrump Tells Americans to ‘Hang Tough’ Amid Tariff Turbulence, Promises ‘Historic’ Outcome
    By Tom Ozimek President Donald Trump on Saturday called on Americans to “hang tough” through what he described as a difficult-but-necessary adjustment period following his ...
  • Tariffs May Raise Prices Slightly But Will Deliver Tax Relief for Bottom 50 Percent, Bessent SaysTariffs May Raise Prices Slightly But Will Deliver Tax Relief for Bottom 50 Percent, Bessent Says
    By Tom Ozimek Treasury Secretary Scott Bessent said consumers could see a one-time price increase of about 2 percent for every 10 percent of new ...
  • North Carolina Appeals Court Rules Thousands of Contested Ballots Must Be VerifiedNorth Carolina Appeals Court Rules Thousands of Contested Ballots Must Be Verified
    By Jacob Burg A North Carolina appeals court said on April 4 that contested ballots in a close race between two candidates for the state ...
  • Trump Confirms Sackings of Some National Security Council StaffersTrump Confirms Sackings of Some National Security Council Staffers
    By Jacob Burg President Donald Trump confirmed on April 3 that some staffers at the National Security Council were recently laid off. While speaking with reporters ...
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