The OPEC MOMR provides a detailed analysis of oil market developments, including oil supply and demand levels, and trends in the world economy. Read more Press Releases

The Organization of the Petroleum Exporting Countries (OPEC / ˈoʊpɛk / OH-pek) is a cartel enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit.

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.

2023年5月9日 · The Organization of the Petroleum Exporting Countries, also known as OPEC, was formed in 1960 by Iraq, Iran, Kuwait, Saudi Arabia, and Venezuela. The organization has since expanded to 13 members. OPEC regularly meets to set oil production targets and coordinate output to help manage global oil prices for the entire group.

5 天之前 · OPEC, in full Organization of the Petroleum Exporting Countries, is an multinational organization that was established to coordinate the petroleum policies of its members and to provide member states with technical and economic aid.

OPEC is a permanent intergovernmental organization of 12 oil-exporting developing nations that coordinates and unifies the petroleum policies of its Member Countries. The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC).

2023年6月21日 · OPEC is an intergovernmental organization that controls much of the world’s oil supply. Find out why it formed and which countries are members.

2024年9月9日 · OPEC is an organization that controls petroleum production, supplies, and prices in the global market. The group was established in 1960 and is made up of 12 different oil-producing companies.

2022年11月11日 · Saudi Arabia and Iraq are members of a group called OPEC, while Russia is a member of a larger group called OPEC+. What are these groups, and what do they do? The US is the world’s biggest crude oil producer but is not a member of OPEC.

2022年3月9日 · Russia’s war in Ukraine has caused global oil prices to surge, giving the bloc more leverage. However, as the world shifts away from fossil fuels, OPEC’s power could diminish. The Organization of...