What Will Opec Do About The Oil Supply?

Oil ministers from Opec meet in Vienna this week to decide whether to cut output or keep pumping crude oil into a market that is already oversupplied.

Topics:  opec   vienna   oil   
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BING SEARCH:
  • What are OPEC and OPEC+? How do they influence oil prices? | World ...
    OPEC produces about 40% of the world’s crude oil and its members’ exports make up around 60% of global petroleum trade. The group aims to regulate global oil prices by coordinating on reductions or increases in production.
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  • OPEC : Home
    OPEC (Organization of the Petroleum Exporting Countries) is an intergovernmental organization oil demand supply market upstream downstream Vienna Austria.
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  • OPEC : Monthly Oil Market Report
    The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year.
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