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OPEC’s market power is ‘less than you would imagine’ and the US doesn’t need to get fussed over the cartel, State Dept. official says
Obituaries for OPEC have been prematurely written before, but the emergence of new producers outside of the oil cartel and the continued slowdown of China's economy may be shifting the balance of ...
U.S. News & World Report1y
EXPLAINER: What Is OPEC and What Does It Have to Do With Oil Prices?
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.
Forbes5mon
Why OPEC’s Decisions Impact The U.S.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...