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 ...
This table lists the regional organisations each country is a member of. Table M Member ... African Union, Arab League, OPEC
Template documentation This template's initial visibility currently defaults to autocollapse , meaning that if there is another collapsible item on the page (a navbox, sidebar , or table with the collapsible attribute ), it is hidden apart from its title bar; if not, it is fully visible.
On 9 January 1968, three of the then–most conservative Arab oil states – Kuwait, Libya, and Saudi Arabia – agreed at a conference in Beirut, Lebanon to found the Organization of Arab Petroleum Exporting Countries, aiming to separate the production and sale of oil from politics in the wake of the halfhearted 1967 oil embargo in response to the Six-Day War.
Instead, members are ceding control to non-OPEC producers, such as the US. OPEC's position in the oil market is slipping, and next year's massive supply glut will likely further loosen the cartel ...
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.
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 ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Donate