OPEC’s decision to cut production quotas by 2 million barrels a day could mean bigger profits for oil companies, higher gasoline prices and new headaches for Democrats as the midterm election ...

If the United Arab Emirates left OPEC, what would it mean for oil? If the United Arab Emirates (UAE) left OPEC, it would not mean a lot for global oil markets immediately, according to Matthew Bey ...

OPEC will slash oil supply by 2-percent. So, what does that mean for you? According to OPEC, we’re going to be seeing around the world two million less barrels of oil per day. While that sounds ...