OPEC+ has rebuffed calls for additional supply
Vienna April 18 2022: Saudi Arabia's Crown Prince Mohammed bin Salman and Russian President Vladimir Putin discussed the role their ...
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
Vienna April 18 2022: Saudi Arabia's Crown Prince Mohammed bin Salman and Russian President Vladimir Putin discussed the role their ...
Vienna April 14 2022: The price of OPEC basket of thirteen crudes stood at US$106.07 a barrel on Wednesday, 13th ...
Vienna April 13 2022: The price of OPEC basket of thirteen crudes stood at US$102.41 a barrel on Tuesday, 12th ...
Vienna April 12 2022: The price of OPEC basket of thirteen crudes stood at US$100.08 a barrel on Monday, compared ...
Vienna April 8 2022: The price of OPEC basket of thirteen crudes stood at US$100.12 a barrel on Thursday, compared ...
Vienna April 7 2022: The price of OPEC basket of thirteen crudes stood at $106.13 a barrel on Wednesday, 6th ...
Vienna April 7 2022: The price of OPEC basket of thirteen crudes stood at $108.05 a barrel on Tuesday, compared ...
Vienna April 1 2022: The OPEC and non-OPEC oil-producing countries (OPEC+) have decided to adjust upward the monthly overall production ...
Vienna March 28 2022: The price of OPEC basket of thirteen crudes stood at US$115.99 a barrel on Friday, compared ...
Vienna March 18 2022: OPEC+ compliance with oil production cuts rose to 136% in February from 129% in January, two ...
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