The Organization of the Petroleum Exporting Countries (OPEC, /ˈoʊpɛk/ OH-pek) is an organization enabling the co-operation of leading oil-producing countries...

What is OPEC?". www.weforum.org. Retrieved March 30, 2024. "OPEC: Member Countries". opec.org. Retrieved April 22, 2020. Cohen, Ariel. "OPEC Is Dead,...

Countries (OPEC), was founded by five oil producing countries at a Baghdad conference on September 14, 1960. The five founding members of OPEC were Venezuela...

overlapping 35% came from the twelve current OPEC members. Members of OPEC+, which includes current OPEC members produce about 60% of the world's petroleum...

semi-annual meeting of OPEC leaders in Vienna, Austria; the attackers took more than 60 hostages after killing an Austrian policeman, an Iraqi OPEC security officer...

Petroleum Exporting Countries (OPEC), based on the organization's official publications.[needs update] The secretary general is OPEC's chief executive officer...

by major oil companies. Since then, industry dominance has shifted to the OPEC cartel and state-owned oil and gas companies, such as Saudi Aramco, Gazprom...

May 2021). "OPEC at 60: the world with and without OPEC". OPEC Energy Review. 45 (1): 3–28. Bibcode:2021OEnRv..45....3E. doi:10.1111/opec.12205. ISSN 1753-0229...

The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members. It...

The OPEC Fund for International Development (OPEC Fund) is an intergovernmental development finance institution established in 1976 by the member states...

preeminent position, and by 1981, its production was surpassed by non-OPEC countries. OPEC had seen its share of the world market drop to less than a third...

intend to create a gas cartel equivalent to OPEC which would set quotas and prices. The idea of a gas OPEC was first floated by Russian President Vladimir...

oil, creating an informal alliance of OPEC and non-OPEC producers that was dubbed "OPEC+." By January 2020, OPEC+ had cut oil production by 2.1 million...

alleged that Sheffield illegally colluded with OPEC and a related cartel of oil-producing countries known as OPEC+ to raise oil prices at the expense of US...

kilometers), the US Energy Information Administration (EIA) (49000 km3), and OPEC (48810 km3). However, BP credits Russia with only 32900 km3, which would...

are popular shorthand for revenues from petroleum exports, mainly from the OPEC members plus Russia and Norway. Especially during periods of historically...

benefited a few members of the Organization of Petroleum-Exporting Countries (OPEC), which made record profits. Under the new Iranian government, oil exports...

March 2020. "OPEC : OPEC 173rd Meeting concludes". www.opec.org. Retrieved 6 March 2020. "OPEC : OPEC 175th Meeting concludes". www.opec.org. Retrieved...

of Islamic Cooperation, Arab League, Arab Air Carriers' Organization and OPEC. Saudi Arabia is a dialogue partner of the Shanghai Cooperation Organisation...

past president of the OPEC conference with a tenure that expired in January 2016. He has chaired the 168th Meeting of the OPEC Conference held in Vienna...

market power. The most prominent organizations within the structure are OPEC and the Seven Sisters that include Exxon, Mobil, Socal, Royal Dutch-Shell...

founding member of the Organization of the Petroleum Exporting Countries (OPEC). The Indigenous peoples in Venezuela, like many ancient societies already...

January 1: The OPEC crude oil production quota cuts of 1.5 million barrels (240,000 m3) per day, announced on December 28, officially go into effect for...

of the Petroleum Exporting Countries. He helped to create the OPEC+ alliance between OPEC members and other oil-producing countries. Barkindo previously...

Belarus's high employment rate and a source of stable employment. In most OPEC countries, the governments own the oil companies operating on their soil...

revenues of OPEC also took a hit since they priced oil in dollars. Finally OPEC started pricing oil against gold to combat the situation. But OPEC still struggled...

Nigerian politician and the first female President of OPEC. She was elected at the 166th OPEC Ordinary meeting in Vienna on 27 November 2014. She became...

June 2016, according to the Office of the Private Education Commission (OPEC), which regulates the operation of all private schools in the country. This...

and a minister in the Organization of the Petroleum Exporting Countries (OPEC) for 25 years. With degrees from institutions including New York University...

consume little oil and export most of their production, they are part of OPEC. Venezuela had a big drop in production after 2015 (where it produced 2.5...