Category
page 1OPEC
OPEC
The Organization of the Petroleum Exporting Countries (OPEC ) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit. It was founded on 14 September 1960 in Baghdad by the first five members: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. The organization, which currently comprises 12 member countries, accounted for 38 percent of global oil production in 2022. It is estimated that 79.5 percent of the world's proven oil reserves are located within OPEC nations, with the Middl
economy of Iran
economy of the country
economy of Nigeria
economy of the country
economy of Saudi Arabia
economy of the country
economy of Venezuela
economy of the country
economy of Algeria
economy of the country
economy of Iraq
economy of the country
economy of Kuwait
economy of the country
economy of Angola
economy of the country
economy of Libya
economy of the country
economy of Ecuador
economy of the country
economy of Gabon
economy of the country
OPEC siege
terrorists incident and hostage crisis
economy of Equatorial Guinea
economy of the country
OPEC Reference Basket
weighted average of prices for petroleum blends produced by OPEC members
OPEC Fund for International Development
organization
No Oil Producing and Exporting Cartels Act
former congressional bill