Middle East Institute

OPEC and OPEC+

A key player in the oil industry and central to producer-consumer relations, the Organization of the Petroleum Exporting Countries (OPEC) was formed by major oil exporters to stabilize prices and ...
Al Jazeera on MSN

Venezuela calls on OPEC to counter US threats

Venezuelan President Nicolas Maduro has called on the Organization of the Petroleum Exporting Countries (OPEC) to help his ...

Brunei reaffirms commitment to stable global oil market

Brunei Darussalam has underscored its commitment to ensuring stability, transparency, and long-term sustainability in the ...
Business Day

OPEC keeps Nigeria’s 1.5m bpd oil quota in place through 2026

The Organisation of the Petroleum Exporting Countries (OPEC) has maintained Nigeria’s crude oil production quota at 1.5 million barrels per day ...
Anadolu Agency

Venezuela denounces US threat to 'seize' oil reserves through 'military force'

President Nicolas Maduro, in a letter to OPEC, asks for support against US 'aggression', which threatens Venezuelan oil ...
Forex Factory

40th OPEC and non-OPEC Ministerial Meeting

In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) ...