OPEC
http://www.opec.org/home/The Organization of Petroleum Exporting Countries (OPEC), an international oil cartel, is composed of 12 member countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. The goal of the cartel is to help stabilize oil prices in international markets and allow oil producers to achieve a reasonable rate of return.
View Older Stories
-
Oil prices surge 3% to 7-week high as surprise US stockpile draw adds to supply worries
-
Oil settles up $1/bbl as restart of Kurdish oil exports stalls
-
Oil prices slide 2% on worries about global oversupply, US demand
-
Oil prices settle up over $1 after global tensions mount; oversupply caps gains
-
Oil settles higher after Israeli attack on Qatar
-
Oil settles up after OPEC+ opts for modest output hike
-
Oil prices settle down more than 2% after weak US jobs report
-
Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hike
-
Oil prices drop as OPEC+ weighs another output hike
-
Oil settles up 1% after US imposes sanctions targeting Iranian oil
-
Oil settles higher as traders await Trump statement on Russia-Ukraine
-
Oil prices rise as Russia-Ukraine war threatens supply disruption
-
Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push
-
Oil settles flat ahead of US-Russia talks
-
Oil steadies on reports of US-Russia deal, ends week about 5% lower
-
Oil falls on announcement of Trump-Putin meeting
-
Oil prices slide to 8-week low as US-Russia talks stir sanction uncertainty
-
Oil prices fall as OPEC+ output hikes counter Russia disruption concerns
-
Goldman keeps Brent oil forecast, but flags downside risks to demand
-
Oil falls as OPEC+ output hike adds to oversupply concerns
-
Oil falls $2 a barrel on worries about OPEC+ supply, US jobs data
-
Oil rises 2% on US-EU trade deal, Trump's shorter deadline for Russia
-
Oil prices dip to settle at 3-week low on US and China economic concerns
-
Crude finishes with 1% gain on supply concerns and US crude draws
-
Oil settles down; build in US fuel inventories offsets signs demand growing
-
World oil market may be tighter than it looks, IEA says
-
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
-
Oil falls amid bearish Trump tariff outlook
-
Oil steady on strong gasoline demand, Red Sea attacks while Trump tariffs loom
-
Oil edges up to two-week high on lower US output forecast, renewed Red Sea attacks
-
Oil prices up; strong demand outweighs surprisingly big OPEC+ output hike
-
Oil prices ease on US tariff uncertainty ahead of expected OPEC+ output boost
-
Oil prices jump 3% as Iran suspends cooperation with UN nuclear watchdog
-
Oil settles up on signs of strong demand, investors await OPEC+ decision
-
Oil edges down on easing Middle East risks but gains for a second month
-
Oil prices settle lower as US sanctions ease fears of escalation in Iran
-
Oil settles higher as Iran-Israel conflict enters sixth day
-
World oil demand to keep growing this decade despite 2027 China peak, IEA says
-
Oil prices fall $1 per barrel on reports Iran seeks truce with Israel
-
Oil settles up 7% as Israel, Iran trade air strikes
-
Oil prices jumps 4% to 2-month high as tensions rise in Middle East
-
Oil prices hold near 7-week high as market waits for news from US-China trade talks
-
Oil prices hit multi-week highs amid US-China trade talks
-
Oil settles 1% lower after US data shows large builds in fuel stocks
-
Oil climbs 2% to 2-week high on geopolitical tensions
-
Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August
-
Oil gains on supply concerns as wildfires disrupt Canada supply, OPEC+ keeps output plans unchanged
-
Oil finishes down on possible OPEC+ output hike
-
Oil prices fall as investors assess US court ruling on Trump tariffs
-
Oil gains on supply concerns, investors await July OPEC+ output decision
