The OPEC Secretariat produces numerous publications to inform the public about the Organization's activities, and to disseminate data and information about OPEC Member Countries and the oil …

The Organization of the Petroleum Exporting Countries (OPEC / ˈoʊpɛk / OH-pek) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively …

Mar 2, 2026 · OPEC, in full Organization of the Petroleum Exporting Countries, is an multinational organization that was established to coordinate the petroleum policies of its members and to provide …

Sep 28, 2025 · OPEC is a cartel of 12 major oil-exporting nations coordinating petroleum policies. Founded in 1960, OPEC sets oil prices and stabilizes oil markets. Fracking technology has reduced …

May 9, 2023 · Note: OPEC oil totals are crude oil; OPEC+ oil totals are crude oil and lease condensate. The Organization of the Petroleum Exporting Countries, also known as OPEC, was formed in 1960 …

Apr 5, 2026 · Even modest shifts in OPEC output can influence global prices, supply expectations and economic planning.

Jun 21, 2023 · In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.

Apr 2, 2026 · OPEC+ is likely to weigh a further oil output increase when eight members meet on Sunday, ‌two OPEC+ sources said, a move that would position key producers to add more barrels …

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Apr 5, 2026 · OPEC+ may approve an oil output increase, despite the fact that its key members are unable to actually raise production due to the U.S.-Israeli war with Iran.