Search results
Results from the WOW.Com Content Network
As OPEC members grew weary of a multi-year supply-contest with diminishing returns and shrinking financial reserves, the organization finally attempted its first production cut since 2008. Despite many political obstacles, a September 2016 decision to trim approximately 1 million barrels per day was codified by a new quota-agreement at the ...
OPEC: 1960. 369,814,472: 4.5% ... An economic organization made up of fifteen full members, (fourteen independent countries + one British overseas territory ...
The Organization of Petroleum Exporting 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, Iraq, Saudi Arabia, Iran and Kuwait. [17]
OPEC, the Organization of the Petroleum Exporting Countries, an organization of thirteen countries accounting for an estimated 42 percent of global oil production and 73 percent of the world's proven oil reserves. (OPEC+: the OPEC countries plus Russia)
DUBAI (Reuters) -OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts of 2.2 million barrels per day into the second quarter, giving extra support to ...
The country joined OPEC in 2007. Diamantino de Azevedo, the African nation's oil minister, said Angola “does not gain anything by remaining in the organization,” according to state news agency ...
Below is a list with each secretary general of the Organization of the Petroleum Exporting Countries (OPEC), based on the organization's official publications. [1] [2] [3] [needs update] The secretary general is OPEC's chief executive officer.
Organization for Economic and Co-operation Development (OECD) OPEC Fund for International Development (OPEC Fund) Organization of Petroleum-Exporting Countries (OPEC) West African Development Bank (BOAD) World Bank Group. International Bank for Reconstruction and Development (IBRD) International Development Association (IDA)