Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

The goal of OPEC is to “co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers.” OPEC+ is made up of the OPEC ...

LONDON, March 20 (Reuters) - OPEC+ on Thursday issued a new schedule for seven member ... OPEC's web site. The scheduled cuts last until June 2026. Sign up here. OPEC+, which includes OPEC plus ...

At the same time, several members of OPEC Plus, including the United Arab Emirates ... Canada’s Small Businesses: A rice mill in Ontario is among many small businesses being hit by President ...

The Saudi-led cartel said its members would start ... other country by far. Many more wells are no longer profitable when oil sells for $60 a barrel or less. OPEC Plus, the name used by the ...

Additionally, Russia, which is not a member of OPEC but is one of the world's major oil producers, will also join the cut, according to Reuters. This is the first time since 2001 the country has ...