Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government in the oil-rich country, as the U.S. is seeking to bolster its alliance with the cartel even as it expands its own sphere of influence.

Venezuelan President Nicolas Maduro has called on the Organization of the Petroleum Exporting Countries (OPEC) to help his country counter “growing and illegal threats” from the United States and its president, Donald Trump.

KUWAIT (Reuters) -Kuwait's oil minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian oil. "Through OPEC, we are monitoring the market in terms ...

President Donald Trump said the days of Venezuelan leader Nicolás Maduro “are numbered,” fueling renewed speculation that the United States could escalate its response to drug trafficking with possible military action beyond maritime operations.

US President Donald Trump on Wednesday urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should remain low. US President Donald Trump has repeatedly warned the Organization of Petroleum Exporting Countries not ...