OPEC

US to Takes Steps to Boost Exports of Oil

By Dustin M Braden - Dec 31, 2014 12:00 PM EST

As prices of oil continue to drop, the Obama Administration threw a bone to domestic oil producers by allowing the export of lightly refined oil collected in the United States, reversing a ban on oil exports in place since the 1970s.

OPEC chooses not to cut production

By Dustin M Braden - Nov 27, 2014 10:53 AM EST

The Organization of Petroleum Exporting Countries has announced that it will not cut production, a move that both threatens and strengthens national economies around the world.

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