Oil prices fall to $114.2 as investors await OPEC+ policy
Singapore June 2 2022: Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a ...
Welcome to the OPEC category page, your source for comprehensive information about the Organization of the Petroleum Exporting Countries. OPEC, established in 1960, is a vital player in the global energy market, uniting major oil-producing nations in a collaborative effort to stabilize prices, ensure a steady supply, and promote the interests of both producers and consumers.
With 13 member countries, OPEC’s influence on the world economy is undeniable. Through strategic cooperation, production quotas, and market analysis, OPEC seeks to maintain a balanced oil market that benefits all stakeholders. The organization plays a pivotal role in addressing energy challenges, adapting to geopolitical shifts, and addressing environmental concerns.
Learn about OPEC’s history, its member nations, and the crucial decisions that shape the energy lan
Singapore June 2 2022: Oil prices fell on Thursday as investors cashed in on a recent rally ahead of a ...
Vienna May 23 2022: The price of OPEC basket of thirteen crudes stood at US$114.79 a barrel on Friday, 20th ...
Vienna May 13 2022: The price of OPEC basket of thirteen crudes stood at US$109.30 a barrel on Thursday, 12th ...
Vienna May 12 2022: Sanctions on Russia after its invasion of Ukraine will give OPEC more room to expand its ...
Vienna May 12 2022: The price of OPEC basket of thirteen crudes stood at US$109.02 a barrel on Wednesday, 11th ...
Vienna May 7 2022: The price of OPEC basket of thirteen crudes stood at US$113.04 a barrel on Thursday, compared ...
Vienna May 5 2022: OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered ...
Vienna April 23 2022: The price of OPEC basket of thirteen crudes stood at $108.81 a barrel on Thursday, 21st ...
Vienna April 22 2022: The price of OPEC basket of thirteen crudes stood at US$107.97 a barrel on Wednesday, 20th ...
Baghdad April 21 2022: Iraq is unable to increase oil exports in response to the surge in global oil prices ...
© 2021 AUGAF.