Saudi Arabia
OPEC is short for The Organization of the Petroleum Exporting Countries, Flag of OPEC. Founded on the 14th of Sept 1960 in Baghdad by five members. Flag of OPEC
Mohammed Sanusi Barkindo served as the Organization of Petroleum Exporting Countries (OPEC) Secretary-General. Mohammed Barkindo, the OPEC
OPEC—the Organization of the Petroleum Exporting Countries—currently consists of 13 member nations that are responsible for nearly half of the world’s oil production
Market demand is heading into balance in the second half of the year, should the Organization of the Petroleum Exporting Countries (OPEC) extend its produ...
US, WASHINGTON (ORDO NEWS) — Iraq is committed to the OPEC + agreement and despite financial and technical problems has already reached a “good share” of fulfilling its obligations, is in contact with OPEC Secretary General and ministers of the countries of the alliance, the representative of the country’s oil ministry Asem Jihad said. Oil …
Oil rose above $75 a barrel on Tuesday to its highest since November 2014, supported by production cuts led by the Opec countries, strong demand and the prospect of renewed US sanctions on Iran
The UAE’s call for a higher quota needs to be addressed or it will just resurface again and again.
As the temperature creeps up ever so slowly, and the days grow longer - with a boost from daylight savings - and on occasion the warmth of the sun can be felt on faces, the thoughts of many people turn to maple syrup. Perhaps not everyone, but many. I must confess that even as a…
As OPEC and non-OPEC nations prepare to meet in Moscow on December 10 to discuss oil production limitations, residents of the Eagle Ford Shale region of South Texas are wondering how it all might impact their lives in the coming months.
OPEC extended its campaign to restrain rival producers by continuing to pump oil into a global supply glut.
A sudden decision to increase oil production could send prices tumbling.
U.S. shale oil drillers are boosting efficiency with giant pads and walking rigs, lowering prices to a point that could hurt exporters like Saudi Arabia.
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Cards with the countries names and flags
Even if the countries follow the discipline of cutting production, oil market has expanded well beyond OPEC's control
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While the OPEC production cut deal has been successful so far, the group’s Secretary General claims that there is plenty more work to do
Saudi-UAE tension on production quotas could determine fate of the crude market for months.
