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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.

News

Recent news on this topic.

Platts feature: Nigerian Oil Production: Nigerian militants threaten t...more

Unrest in Nigeria's Niger Delta could pose a strong threat to the government, weakening its authority ahead of the...

Nigerian militants threaten to bring oil industry to its knees - Oil ...more

Nigerian militants threaten to bring oil industry to its knees - read this Platts news article and other stories in...

Nigerian militant group declares 'all-out attack' on oil industry - O...more

Nigerian militant group declares 'all-out attack' on oil industry - read this Platts news article and other stories in...

Demand for Middle East crude still sizzles while supply fizzles out - ...more

Demand for Middle East crude still sizzles while supply fizzles out - read this Platts news article and other stories...

'Possible' to find 50 mil b/d of new crude output by 2035: Tanaka - O...more

'Possible' to find 50 mil b/d of new crude output by 2035: Tanaka - read this Platts news article and other stories in...

IEA's Jones says OPEC reacting fast enough to high prices - Oil | Pla...more

IEA's Jones says OPEC reacting fast enough to high prices - read this Platts news article and other stories in oil by...

OPEC boosts 2011 growth forecastmore

the OECD has outpaced expectations as a result of the stronger-than-expected economic activities, supported by various...

Oil hits 6-month high on weak dollar, OPEC talkmore

ahead of an expected decision by the Federal Reserve to inject more money into the economy and more OPEC producers...

RPT-GLOBAL MARKETS-Shares inch lower, dollar steady before Fedmore

PDF special report: link.reuters.com/pyb23q * U.S. crude futures extended gains, drawing support from comments by OPEC...

OPEC weekly oil price remains under US$80more

VIENNA, Nov. 1 (Xinhua) -- The weekly average price of the Organization of Petroleum Exporting Countries (OPEC) rose...

DON'T MESS WITH THE BIG BOYS; SAUDI ARABIA IS STILL KING OF OPECmore

scientific backing, has raised heckles in another Middle Eastern country. Enter Saudi Arabia, the undisputed leader of...

Iran and Venezuela deepen tiesmore

visited a new town development outside Tehran, Iranian officials offered to help Venezuela build similar public housing...

Kuwait plans big oil reserves hikemore

year (March 2011)," Sami al-Rushaid said at the Reuters Middle East Investment Summit in Kuwait on Tuesday.

OPEC weekly oil price dips slightlymore

VIENNA, Oct. 18 (Xinhua) -- The weekly average price of the Organization of Petroleum Exporting Countries (OPEC)...

OPEC Guide: Iraq, Iran reserves boosts signal OPEC power realignment (...more

31 billion barrels, a 12.31 billion barrel increase. When Shahristani arrived in Vienna on the eve of OPEC's October 14...

A pundit in search of a problemmore

powers are going to get tough on someone in defence of the international system, they might begin with OPEC.

OPEC production limits unchanged; deepwater drilling ban lifted early;...more

editor for EMEA oil news, and Beth Evans, senior managing editor for Platts Oilgram News, discuss the recent OPEC...

Oil at $75-$85 won't hinder growth - OPEC sec-genmore

OPEC Secretary General Abdullah al-Badri addresses a news conference on the occasion of the 50th anniversary of OPEC in...

Nigeria's NNPC calls 2011 oil lifting term contracts tendermore

State-owned Nigeria National Petroleum Corp. Wednesday called for bids from companies for the lifting of Nigerian crude...

Optimising Production in the Upstream Oil Industry In the wake of new ...more

Ageing reserves, coupled with a global demand for oil that is not yet ceasing, mean the ability of the upstream oil...

Platts feature: OPEC says oil demand could weaken over next few monthsmore

OPEC said September 9 global demand for oil could weaken over the remainder of this year as government stimulus...

Hess: How Do You Monitor and Maintain Pipeline Integrity?more

Morten Nielsen, Operation Integrity Supervisor at Hess, talks to Oil and Gas IQ about evaluation of design parameters...

US EIA ups OPEC oil earnings forecast $8 bil to $821 bil in 2011more

The US Energy Information Administration has raised its forecast of oil producer club OPEC's oil export earnings next...

Nigeria oil reserves down 4.8% due to lull in exploration: DPRmore

Nigeria's crude oil reserves stood at 31.81 billion barrels at the end of the second quarter, down 4.8% year on year...

Nigeria, China launch third refinery projectmore

State-run Nigeria National Petroleum Corp and China State Construction Engineering Corp have launched the third in a...

Top Sources: OPEC

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

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