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The Organization of the Petroleum Exporting Countries (OPEC / ˈ oʊ p ɛ k / OH-pek) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit.
International Criminal Court - Signed treaty, but did not ratify (December 31, 2000). Withdrew signature (May 6, 2002). See also United States and the International Criminal Court.
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)
The Organization of Oil Exporting Countries -- better known as OPEC -- has been a dominant player in the oil market since it was formed in 1960. The 12 member countries have provided over 40% of ...
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said. The US and other crude producers will take more oil market share from OPEC in ...
Country Regional organisations Afghanistan ACD, SAARC, ECO Albania OSCE, NATO, Council of Europe, BSEC, SEECP, CEFTA Algeria African Union, Arab League, OPEC Andorra ...
Even without OPEC's help, analysts expect a major supply glut to weigh on prices through 2025. The US Energy Information Administration projects Brent to hit $74 per barrel this year , before ...
Membership overlap with Shanghai Cooperation Organisation, South Asian Association for Regional Cooperation, Organization of American States, African Union, Economic Cooperation Organization, Union of South American Nations, Arab League, Mercosur or Mercosul, Commonwealth of Nations, Organisation internationale de la Francophonie