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

Russia’s central bank issued a warning to the government that oil prices could enter a prolonged slump on the back of higher ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

June 22, 2018 – OPEC announces that the Republic of the Congo has joined the organization. December 3, 2018 – Qatar’s state oil company, Qatar Petroleum, announces that the country will ...

Nigeria has successfully reached its OPEC oil production targets after years of falling short, according to a top official from the country's state oil company.

Oil vigilantes ... is a concept suggesting that when challenges arise and oil prices plummet, the OPEC alliance will ...

WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...

The OPEC Fund for International Development (the OPEC Fund) is extending a US$35 million loan to Uzbekistan’s State Joint-Stock Company Asaka Bank ...