Chevron to Resume Oil Pumping in Venezuela after Humanitarian Agreement is Reached
On Nov. 26, Nicolas Maduro's government and domestic opposition leaders met in Mexico City to discuss solutions for Venezuela's political and economic crises.
US Supports Saudi Arabia Against Potential Iranian Attack
The United States and Saudi Arabia have been on high alert since yesterday after Saudi officials reportedly discovered Iranian plans to attack the nation’s energy infrastructures.
OPEC African Members React to Cuts in Oil Exports
OPEC, the Organization of Oil Exporting Countries, will be cutting their oil exports by over two million barrels a day, a spokesman representing the organisation announced last Wednesday. OPEC is a coalition of fifteen nations that pools their oil resources in order to influence global prices, primarily by setting production quotas and export limits.