The Organization of the Petroleum Exporting Countries is an intergovernmental organization of 14 nations, founded on 14 September 1960 in Baghdad by the first five members, and headquartered since 1965 in Vienna, Austria. Read More
The Ministry of Energy and Infrastructure has affirmed that the UAE remains fully committed to the Declaration of Cooperation (OPEC+) and reiterates that any decisions will be taken collectively by the OPEC+ group in its next Ministerial meeting. ...
Former US President Donald Trump on Tuesday slammed President Joe Biden's decision to release barrels of oil from the country's strategic reserves and warned that Washington would now be at the mercy of OPEC. ...