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OPEC

The Organization of Petroleum Exporting Counties (OPEC) is a permanent international body, formed in Baghdad in September of 1960. OPEC plans and orchestrates the petroleum policies of its 13 member countries – and, by default, most of the world’s gas and oil prices. This topic covers the latest news on OPEC’s plans.

OPEC is part of Business Exchange, suggested by Len Gilbert. This topic contains 1,126 news and 133 blog items. Read updated news, blogs, and resources about OPEC. Find user-submitted articles and reactions on OPEC from like-minded professionals.

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OPEC's Balancing Actmore

than two years, Saudi Arabia���generally seen as a moderate on oil prices���Sunday adopted a similar stance to hawkish...

OPEC Nations Feel Budget Strainmore

are in apparent agreement on energy policy. The sentiment was toned down on Monday when Abdalla Salem El-Badri, OPEC's...

OPEC sees economic strain of high oil pricesmore

S&P threatens to cut U.S. credit rating on deficit. Full Article OPEC building is pictured in the centre Vienna...

Oil Below $107more

to lack of demand, a month after raising production to help offset the loss of Libyan supply. Several OPEC members...

News Hub: OPEC Seeking Oil Price Hikesmore

WSJ's Summer Said reports spending by OPEC countries to quell unrest in the past several months has resulted in efforts...

Heard on the Street: Oil and Unrestmore

OPEC economies run on oil. It also helps smooth their volatile politics. For rulers worried about riots or worse,...

OPEC Countries Feel Strain in Budgetsmore

are in apparent agreement on energy policy. The sentiment was toned down on Monday when Abdalla Salem El-Badri, OPEC's...

Trump: Let's Just Seize Iraq's Oilmore

Do you like this story? Donald Trump explains that he's going to tell OPEC what's what. (ABC News) Bookmark & Share...

OPEC: No shortage of crude oil in marketmore

OPEC is worried about the recent surge in global oil prices and its potential impact on the world economy, but the...

Oil Prices Drop on Oversupply Talkmore

of the Petroleum Exporting Countries said the oil market is oversupplied due to slack demand for extra barrels.

OPEC worried by high oil price, patchy global recoverymore

this month touched $127 a barrel, their highest level since July 2008, pose a threat to economic growth.

UPDATE: OPEC Secy Genl: Oil Mkt Adequately Supplied, Price A Concernmore

Extract not available.

OPEC Plays Down Oil-Supply Fearsmore

are adequately supplied and there is no need for the Organization of Petroleum Exporting Countries to increase output,...

Oil Prices Fall on U.S. Downgrademore

Naimi's suggestion that the supply of crude oil was plentiful. Saudi Arabia, the biggest crude producer in OPEC, cut...

Oil price slips below $123more

bpd in March from February, Saudi oil minister Ali al-Naimi said yesterday, sending the strongest signal yet that Opec...

Brent crude slips below $123, shrugs off Saudi output cutmore

in March from February, Saudi Oil Minister Ali al-Naimi said on Sunday, sending the strongest signal yet that OPEC will...

Libya protests to OPEC about Qatarmore

Libya's National Oil Corporation has protested to OPEC about help fellow member Qatar is giving to Libyan rebels,...

OPEC Nations Face Balancing Actmore

By Benoit Faucon And Summer Said LONDON���After boosting spending to quell unrest, OPEC nations now need higher annual...

Evacuation of Misurata beginsmore

Extract not available.

OPEC Nations Face Balancing Actmore

LONDON?After boosting spending to quell unrest, OPEC nations now need higher annual oil prices?estimated to around $95...

Naimi says Saudi Arabia cuts output in oversupplied marketmore

- Oil prices fell back from their 32-month highs April 18 after the oil minister of OPEC giant Saudi Arabia said the...

OPEC concerned over high oil price: Badrimore

Secretary general of OPEC Abdullah El-Badri said on Monday that oil producers are "concerned" at high crude...

WSJ's What's News Midday, Monday, April 18, 2011more

debt - and send the market spiraling; There may be more trouble ahead for the already-troubled housing market; OPEC...

Oil Prices Drop After S&P Movemore

Naimi's suggestion that the supply of crude oil was plentiful. Saudi Arabia, the biggest crude producer in OPEC, cut...

Kuwait says oil market supply "sufficient"more

shortage pushed up the oil prices which was relatively stable in the past year.Oil ministers from the OPEC have decided...

Top Sources: OPEC

  • platts.com
  • Times of India
  • BusinessWeek
  • bit.ly
  • oilandgasiq.com
  • Reuters
  • Economictimes
  • CNN Money
  • BBC
  • Platts

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