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OPEC

  • OPEC
OPEC headquarters in Vienna
OPEC mulls deeper output cuts
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  • OPEC
Ecuador joined OPEC in 1973, withdrew in 1992, then rejoined in 2007
Fiscal problems force Ecuador to leave OPEC in 2020
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  • OPEC
Russian President Vladimir Putin
Russia plays role in shaping OPEC policies
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  • OPEC
The cartel meanwhile remains on red alert over escalating US-Iran tensions
Oil prices surge after Russia-Saudi output cap
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  • OPEC
Saudi Energy Minister Khalid al-Falih
Falih says OPEC close to deal on extending oil agreement
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  • OPEC
Kingpin Saudi Arabia's production, meanwhile, fell by 324,000 bpd
OPEC oil output slumps after cuts
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  • OPEC
OPEC members have about 2.8 mbd of spare production capacity
IEA says world can rely on OPEC for urgent oil needs
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  • OPEC
While remaining volatile, oil prices have rallied to just above $60 a barrel and jumped more than a dollar after the OPEC production update.
OPEC reduces production after Saudi output cut
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  • OPEC
Oil production in Venezuela has dropped sharply in past months from over two million barrels per day to around 1.4 million bpd.
Saudi says events in Venezuela could impact oil
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  • OPEC
OPEC data show Venezuela oil output in free fall
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  • OPEC
OPEC on defensive over Trump criticism 
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