The Organization of the Petroleum Exporting Countries (OPEC /ˈoʊpɛk/ OH-pek) is an intergovernmental cartel enabling the co-operation of leading oil-producing...

Countries (OPEC), was founded by five oil producing countries at a Baghdad conference on 14 September 1960. The five founding members of OPEC were Venezuela...

semi-annual meeting of OPEC leaders in Vienna, Austria; they took more than 60 hostages after killing an Austrian policeman, an Iraqi OPEC security officer...

countries, while about 32% came from the eleven members of OPEC. Members of OPEC+, which includes OPEC countries and their partners, accounted for approximately...

within OPEC nations, with the Middle East alone accounting for 67.2 percent of OPEC's total reserves. In a series of steps in the 1960s and 1970s, OPEC restructured...

statistics on this page are disputed and controversial — different sources (like OPEC, CIA World Factbook and oil companies) give different figures. Some of the...

The OPEC Reference Basket (ORB), also referred to as the OPEC Basket, is a weighted average of prices for petroleum blends produced by OPEC members. It...

kilometers), the US Energy Information Administration (EIA) (49,000 km3), and OPEC (48,810 km3). However, BP credits Russia with only 32,900 km3, which would...

Petroleum Exporting Countries (OPEC), based on the organization's official publications.[needs update] The secretary general is OPEC's chief executive officer...

The OPEC Fund for International Development (OPEC Fund) is an intergovernmental development finance institution established in 1976 by the member states...

preeminent position, and by 1981, its production was surpassed by non-OPEC countries. OPEC had seen its share of the world market drop to less than a third...

crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western...

December 1960) is a Nigerian politician who was the first female president of OPEC. She became Nigeria's minister of transportation on 26 July 2007. She was...

by country World energy supply and consumption "Natural Gas Production: OPEC: Marketed Production". CEIC Data. Retrieved 10 May 2026.{{cite web}}: CS1...

are popular shorthand for revenues from petroleum exports, mainly from the OPEC members plus Russia and Norway. Especially during periods of historically...

(OPEC) 98,371,466 3,363,570  Norway 49,735,668 1,690,710  Brazil (OPEC+) 44,964,285 1,706,667  Kazakhstan (OPEC+) 42,878,761 1,425,750  Iran (OPEC) 41...

March 2020. "OPEC : OPEC 173rd Meeting concludes". www.opec.org. Retrieved 6 March 2020. "OPEC : OPEC 175th Meeting concludes". www.opec.org. Retrieved...

the 1975 raid on the Organization of the Petroleum Exporting Countries (OPEC) headquarters in Vienna, during which three people were killed. He and five...

Secretary General of OPEC since 2022. Al-Ghais was born in October 1969 in Kuwait City, Kuwait. His father served as Kuwait's governor at OPEC. In 1990, he graduated...

dialogue between the Organization of the Petroleum Exporting Countries (OPEC) and Russia over proposed oil-production cuts in the midst of the COVID-19...

and a minister in the Organization of the Petroleum Exporting Countries (OPEC) for 25 years. With degrees from institutions including New York University...

first Secretary-General of OPEC between 21 January 1961 and 30 April 1964. He is the only Iranian to hold this office from OPEC's establishment to date. Fuad...

June 2016, according to the Office of the Private Education Commission (OPEC), which regulates the operation of all private schools in the country. This...

50 percent to 55 percent. Iran and Kuwait follow in November. December 9: OPEC meeting in Caracas establishes 55 percent as minimum tax rate and demands...

percent drop in worldwide production. OPEC production was surpassed by other exporters such as the United States, as OPEC member nations were divided amongst...

revenues of OPEC also took a hit since they priced oil in dollars. Finally OPEC started pricing oil against gold to combat the situation. But OPEC still struggled...

inexpensive oil in 1981, forcing unprecedented price cuts by OPEC members. In October, all 13 OPEC members align on a compromise $32 per barrel benchmark....

Moroccan Academy under King Hassan II. Mana Al Otaiba served as President of OPEC six times, for its 26th, 52nd, 53rd, 54th, 62nd and 63rd conferences, held...

between OPEC's posted price and the market price of oil. The following table shows variations in the posted price and the revenue received by OPEC countries...

largely continued to operate. In October 2022, OPEC+ cut oil production by two million barrels per day. OPEC+ claimed it is trying to prevent price volatility...

founding member of the Organization of the Petroleum Exporting Countries (OPEC). The Indigenous peoples in Venezuela, like many ancient societies, already...

was head of Nigeria's delegation to OPEC during the administration of Shagari and later became President of OPEC. Dikko was oil adviser in 1983 when global...

considerably above its mandatory OPEC quota and this had prevented a rise of crude oil prices. A lack of consensus among OPEC members undermined Iraq's efforts...

past president of the OPEC conference with a tenure that expired in January 2016. He has chaired the 168th Meeting of the OPEC Conference held in Vienna...

ideological sovereignty, he is most known for his involvement in the 1975 OPEC siege, his alignment with the Iranian Revolution, and his later role as a...

college spreads over seventeen acres of land. MVASMC is associated with OPEC Hospital, its teaching hospital, which is spread across 34 acres. The college...

an Iraqi politician who served as the governor of Central Bank of Iraq, OPEC, and Minister of Finance of Iraq. Saleh Kubba was born in Baghdad on November...

from Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela, and officially formed OPEC to coordinate petroleum policies and protect their collective interests....

Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania, between the Indian and Pacific oceans. Comprising about 17...

the New York Mercantile Exchange, amid Libya's threat to cut output, and OPEC's president predicted prices may reach $170 by the Northern summer. The highest...

Community of West African States, Organisation of Islamic Cooperation and OPEC. The name Nigeria derives from the Niger River running through the country...

the oil market collapsed into a declining market. While the decision by OPEC to "hold their production steady at 30 million bpd" contributed to the continued...

World's Oil". Statista, crediting OPEC and Canadian government. Archived from the original on 2 February 2026. OPEC omits Canada's oil-sands, estimated...

intend to create a gas cartel equivalent to OPEC which would set quotas and prices. The idea of a gas OPEC was first floated by Russian president Vladimir...

agreed to further production cuts, though OPEC had a plan. Despite a forecast for lower demand, expectations of OPEC action led to three days of gains, with...

Exporting Countries (OPEC), which the country had joined in 2007. In 2009, Botelho de Vasconcelos served as President of the OPEC Conference. During his...

making it an active belligerent. The UAE announced its decision to quit OPEC on 28 April 2026 effective 1 May 2026, partially to allow increased oil production...

Bolsonaro begins his four-year term as President of Brazil. Qatar withdraws from OPEC. Works published by authors who died in 1948 enter the public domain in many...

of inflaming racial tensions. November 30 – Brazil announces it will join OPEC+ at a meeting of the organization to discuss oil output strategy in 2024...

based on its petroleum and natural gas fields. Brunei is member of the OPEC+ cartel. Brunei was ranked 88th in the Global Innovation Index in 2025. Substantial...

However, in recent years it has cooperated increasingly closely with OPEC in the OPEC+ format. The Russian economy is heavily dependent on the export of...

G20 SCO RCEP APEC G4 OPEC NPC AU AL Economic classification  Brazil 7th 10th 7th OPEC+ Newly industrialized  Russia 9th 11th 4th OPEC+ Emerging  India 1st...

of the Petroleum Exporting Countries. He helped to create the OPEC+ alliance between OPEC members and other oil-producing countries. Barkindo previously...

بن جاسر الحربش) ended his third five-year term as Director-General of the OPEC Fund for International Development in October 2018. 2018 - Honorary Doctorate...

January 1: The OPEC crude oil production quota cuts of 1.5 million barrels (240,000 m3) per day, announced on December 28, officially go into effect for...

His nom de guerre was "Angie". In 1975, Klein participated in an attack on OPEC headquarters in Vienna organized by the international terrorist "Carlos the...

over posted prices begin in Tehran between 6 OPEC Persian Gulf states and 22 oil companies. February 3: OPEC mandates "total embargo" against any company...

Studies, and in the late 1990s brokered a historic production cut between OPEC and its rivals in the wake of a slump in the price of oil. Mabro was born...

freed by the kidnapping of Peter Lorenz in 1975, then participated in the OPEC siege. In 1977, she was arrested in Switzerland after shooting two policemen...

Blend, and Dubai Crude. Other well-known blends include the OPEC Reference Basket used by OPEC, Tapis Crude which is traded in Singapore, Western Canadian...

Mineral Resources from 2000 to 2009. He also served as secretary-general of OPEC in 2004. Loyola College High School, Semarang Engineering Degree, Bandung...

Java, Indonesia, killing 135 people and injuring more than 500. October 5 – OPEC+ imposes a production cut of up to 2 million barrels per day. October 7 –...

Jalloud successfully increased the price of Libyan oil. In 1970, other OPEC states followed suit, leading to a global increase in the price of crude...

and was co-founder of the Organization of Petroleum Exporting Countries (OPEC). Historian Eugene Rogan called him "one of the first Arab oil experts."...

in an economic rivalry with Saudi Arabia, and opposed Saudi efforts for OPEC+ production cuts. Mohamed bin Zayed bin Sultan Al Nahyan was born at Oasis...

in the Nigerian Federal government before becoming Secretary General of OPEC (Organization of the Petroleum Exporting Countries) from 1 January 1995 to...

years, while Brent crude reached $82.60, the lowest since November 2010. OPEC Members were not expected to act as increases in the U.S. supply resulting...

nine years. From 1965 to 1974, he headed several ordinary meetings of the OPEC. In 1971, he and Saudi Oil Minister Ahmed Zaki Yamani were instrumental in...

refers to the phenomenon of major petroleum-exporting states, mainly the OPEC members plus Russia and Norway, earning more money from the export of crude...

Kuwait hosted separate meetings of both OAPEC and the Persian Gulf members of OPEC, including Iran. OAPEC resolved to cut oil production by 5% monthly "until...

oil-producing governments to take the initial steps to establish OPEC. The Seven Sisters threatened the OPEC founders that they would lose market access if they went...

up 9 percent for the week, but down 2 percent for the month, to $75.67. OPEC and others planned to decrease production, which caused prices to jump 6...

politician and lawyer primarily responsible for the inception and creation of the OPEC, along with Saudi Arabian minister Abdullah Tariki. Born in Caracas, Venezuela...

such a thing was possible. Prior to the 1973 oil embargo, Iran spearheaded OPEC's aim for higher oil prices. When raising oil prices, Iran would point out...

List of countries by natural gas proven reserves "Natural Gas Production: OPEC: Marketed Production". CEIC Data. Retrieved 12 May 2026.{{cite web}}: CS1...

national monument status for the ANWR to prevent oil drilling. (DJ) January 17 OPEC agrees at a meeting of ministers in Vienna, to reduce members' production...

Refuge, which remains closed to oil and gas drilling. (WP) February 11: OPEC delegates meeting in Algiers agree to lower the cartel's output ceiling by...

production. Analysts have suggested that OPEC member nations have economic incentives to exaggerate their reserves, as the OPEC quota system allows greater output...

7-million-barrels-per-day (270,000 m3/d) increase in OPEC production targets, if Iran was included. Several major non-OPEC producers, including Mexico and Norway,...

Production in OPEC Members". OPEC Annual Statistical Bulletin. OPEC. 2009. Retrieved 2009-02-22. "Daily and Cumulative Crude Oil Production in OPEC Members"...

July 31, 2024. Retrieved November 3, 2024. Annual Statistical Bulletin OPEC 2015 "When was the last refinery built in the United States?". Energy Information...

reserves of OPEC countries and, subsequently, the rationalization of their world refining and distribution network to decrease their dependence on OPEC countries...

state of Iran dealing with international economic relations in regards to OPEC, Paris Conference on International Economic Cooperation, CIEC (1976–77),...

production and inventories up, even a lower dollar and decreased production by OPEC nations did not cause oil prices to rise as much as they could have. WTI...

the PFLP, charging Carlos with leading a joint siege on a December 1975 OPEC meeting. The operation featured three PFLP and three Revolutionary Cell militants...

which it entered a sharp downward spiral, falling below $30 by January 2016. OPEC production was poised to rise further with the lifting of international sanctions...

steady P/R-ratio is the large expansion of OPEC reserves, that were booked in the years around 1988. The OPEC quota system had been amended, allowing a...

Before 2017, the oil was a component of the OPEC Reference Basket (despite Mexico's not being a part of OPEC). It has the following characteristics: Mexico...

focus on government objectives and meeting the needs of society. In most OPEC countries, the governments own the oil companies operating on their soil...

Oil prices   OPEC Reference Basket   Dubai Crude   Brent Crude   West Texas Intermediate...

appointed as Director General of the then OPEC Special Fund at its creation in 1976. Under his leadership, the OPEC Special Fund developed into the long-standing...

Petroleum Exporting Countries (OPEC) since 1969. It also participates in the OPEC+ agreement, collaborating with non-OPEC oil-producing nations. Historically...

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important oil markers include the Dubai crude, Oman crude, Urals oil, and the OPEC reference basket. WTI is lighter and sweeter, containing less sulfur than...

a full member of the Organization of the Petroleum Exporting Countries (OPEC), and among African crude oil producers in 2022, the Congo ranked sixth....

World's Oil". Statista, crediting OPEC and Canadian government. Archived from the original on 2 February 2026. OPEC omits Canada's oil-sands, estimated...

Light Brent Dubai Indian Basket Indonesian Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select...

its roughly 10m bpd comes into the OPEC+ number of around 40m bpd in 2022. Some OPEC delegates attending an OPEC meeting in Vienna on 4 December 2022...

typical price difference per barrel of between ±3 USD/bbl compared to WTI and OPEC Basket; however, since the autumn of 2010 Brent has been priced much higher...

father is Petroleum magnate Mana Al Otaiba, who served as the president of OPEC a record six times. Otaiba was born on 19 January 1974 in Cairo, Egypt. His...

Ghafour Youssefiani (1928–2018) was a diplomat, Governor to OPEC (the Organization of Petroleum Exporting Countries), a petrochemical engineer, and the...

and his fellow terrorists wreak havoc on the Left Bank in Paris, storm OPEC's headquarters in Vienna, and carry out other devastating acts of politically...

World's Oil". Statista, crediting OPEC and Canadian government. Archived from the original on 2 February 2026. OPEC omits Canada's oil-sands, estimated...

from April 2010 to July 2011. He was also Head of Nigeria's delegation to OPEC from July 2007 to December 2008. In January 1984, Ajumogobia and Christopher...

oil minister from 2007 to 2009. He was nominated secretary general of the OPEC in June 2012. Nozari was born in Kazeroon, Iran, in 1954. He studied petroleum...

Retrieved 2008-01-05. "OPEC Facts and figures". Archived from the original on February 21, 2010. Retrieved 13 March 2010. OPEC data at opec.org EIA data Archived...

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

and gas fields of the North Sea OAPEC Oil megaprojects Oil shale reserves OPEC Petrol Petroleum Reservoir Li Guoyu (2010), World Atlas of Oil and Gas Basins...

Organization of Petroleum Exporting Countries (OPEC). He will be taking over as the president of OPEC in 2023. Equatorial Guinea in 2007 rolled out an...

head of the UAE's delegation at the International Monetary Fund and the OPEC Fund. Sheikh Hamdan was born on 25 December 1945. He was the second of four...

on March 27 during a special prayer service for the end of the pandemic. OPEC and allies strike a deal to cut oil production by 9.7 million barrels per...

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

ballistic missile and drone defense system with soldiers to man it. In July 2021 OPEC meetings, Saudi Arabia and the United Arab Emirates had a dispute regarding...

remove the state immunity shield and to allow the international oil cartel, OPEC, and its national oil companies to be sued under U.S. antitrust law for anti-competitive...

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Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) in 2006. He became the Amayanabo, or traditional ruler, of Nembe Kingdom...

contribute to energy security and counteract the international price cartel OPEC.[citation needed] According to the Oil Climate Index, carbon emissions from...

Countries (OPEC), an intergovernmental organization that plays a central role in setting oil production and pricing policies. As a leading OPEC member, Saudi...

for an oil embargo, which briefly caused a jump in crude prices. However, OPEC announced that it had no immediate plans to response to Iran's call. Additionally...

Secretary General at the Organization of the Petroleum Exporting Countries (OPEC). Adnan Shihab-Eldin is a Senior Visiting Research Fellow at the Oxford Institute...

poor. OPEC's annual oil export revenue surged to a new record in 2008, estimated around US$800 billion. According to informed observers, OPEC, meeting...

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Deputy Prime Minister. He was also the longest-serving Secretary General of OPEC, holding the position in 1994 and then 2007–2016, a total of 10 years and...

petroleum. On 23 November 1993, al-Attiyah was named OPEC president and a member of the OPEC's quota compliance committee. On 12 January 1999, he also...

Salman on the sidelines of the G20 summit, Saudi Arabia, a leading OPEC member, and non-OPEC Russia agreed to cooperate in world oil markets to tackle a global...

decree alleging that former Pioneer CEO Scott D. Sheffield colluded with OPEC to raise oil prices and making the merger conditional on Sheffield's being...

Council, United Nations, Organisation of Islamic Cooperation, Arab League, and OPEC, as well as a dialogue partner of the Shanghai Cooperation Organisation....

Economic Forum. Retrieved 29 July 2018. "162nd Ordinary Meeting" (PDF). OPEC. Archived from the original (PDF) on 2 July 2010. Retrieved 17 February 2013...

2026. "OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market...

Co-operation Development (OECD) OPEC Fund for International Development (OPEC Fund) Organization of Petroleum-Exporting Countries (OPEC) West African Development...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

on an international basis; examples of international cartels include the OPEC cartel to collude on oil production and the International Rubber Regulation...

agricultural resources, and petroleum is a major export. Malaysia is member of the OPEC+ cartel. Malaysia has once been the largest producer of tin, rubber and palm...

approximately 2.4 million barrels per day (bpd), largely in line with its OPEC+ quota, while its sustainable production capacity is estimated at 2.9 million...

member Hans-Joachim Klein took part in the December 1975 raid on the Vienna OPEC conference, together with Carlos and Gabriele Kröcher-Tiedemann of J2M. In...

on 27 March 2026. Retrieved 7 April 2026. "2025 OPEC Annual Statistical Bulletin" (PDF). opec.org. OPEC. 4 July 2025. p. 34. Archived (PDF) from the original...

Angolan oil in the global market. Costa also oversaw Angola's joining of OPEC by January 2007, as it is now the 2nd leading petroleum exporter in Sub-Saharan...

National Representative at the Organization of Petroleum Exporting Countries (OPEC) since 2018. Kyari was born on 8 January 1965 in Maiduguri, Borno State....

reserves. The founders of the Organization of Petroleum Exporting Countries (OPEC) used the Texas agency as one of their models for petroleum price control...

2001 the Moroccan Government signed an $8 million loan agreement with The OPEC Fund for International Development to help improve medical services in and...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

Light Brent Dubai Indian Basket Indonesian Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

estimated that at the Organization of the Petroleum Exporting Countries (OPEC) quota level (December 2004), a one-dollar change in the price of crude oil...

IEA, IEF, OPEC and IOSCO to G20 Finance Ministers" (PDF). Jointly published by International Energy Agency, International Energy Forum, OPEC and International...

called for OPEC to "assert itself as an active political agent" at the OPEC summit in Saudi Arabia's capital, Riyadh. In a followup at the OPEC summit, Reuters...

exporter and third-largest gas exporter in the world, but it is not a member of OPEC. In 1995, the Norwegian government established the sovereign wealth fund...

Europe (OSCE) and the Organization of the Petroleum Exporting Countries (OPEC) and is a founding member of the Organisation for Economic Co-operation and...

Countries (OPEC) was created. Venezuela, along with Iran, Iraq, Kuwait and Saudi Arabia were its founding members. Despite the creation of OPEC in 1960,...

while Saudi Arabia has an embassy in Abuja. Both countries are member of OPEC. Relations between the two nations have existed since 1960. In 2021, Nigerian...

It can be used for effect ..., or for clarity, or in deference to idiom. 'OPEC countries', 'SALT talks' and 'HIV virus' are all technically redundant because...

Caribbean Sea, the South and East China Seas, and the Mediterranean. Non–OPEC exporting countries may require the use of this type of vessel because the...

International) in Paris. From 1976 to 1980, he also took on a position as Governor of OPEC Special Fund. In 1978, he became Gabon's Director General of Hydrocarbons...

affairs. During this role, he achieved a major breakthrough in talks with OPEC member Kuwait to resume production in the neutral zone between the two countries...

Liberation of Palestine. Böse assisted in the preparations for the 1975 OPEC siege led by Carlos the Jackal. Ilan Hartuv, one of the surviving hostages...

an Iranian diplomat and politician, serving as Iran's representative to OPEC from 1995 to 2008 and again from 2013 to his death in 2020. Previously, he...

Storage". OPEC, "World production of petroleum products by country." Archived 2014-04-23 at the Wayback Machine Table 3.14, accessed 7 Mar. 2014. OPEC, "World...

election is won by the Social Democratic Party of Austria (SPÖ). 21 December – OPEC siege 3 March – Patric Chiha, film director and screenwriter 7 March – Erika...

public-sector revenue and 32% of export earnings. When Ecuador was part of OPEC, it was one of the smallest members and produced about 531,300 barrels per...

legal fees, saying, "I felt like it would be patriotic to take some of this OPEC oil money and get it back to the United States." Maressa was not prosecuted...

to Vienna in 1976 and joined the OPEC Secretariat as Head of Economics and Finance, overseeing the creation of the OPEC Fund. Returned to Iraq in 1981 as...

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Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

NATO-bloc and Soviet-bloc nations but with the notable exceptions of most of the OPEC and Arab League nations like Syria, Egypt, Jordan, Saudi Arabia, and Iran...

In the 1973 oil crisis, Organization of Petroleum Exporting Countries (OPEC) cut their petroleum output. This raised oil prices and hurt Western economies...

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Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

Light Brent Dubai Indian Basket Indonesian Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select...

government of President Hugo Chávez, such as oil advisor, General Secretary of OPEC, President of Petróleos de Venezuela (PDVSA), Minister of External Relations...

the United Nations and the Organization of Petroleum Exporting Countries (OPEC). President Hugo Chávez's first trip to Libya occurred in 2001 after a personal...

further provisions in the region. Iraq also accused Kuwait of exceeding its OPEC quotas for oil production. In order for the cartel to maintain its desired...

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

to reduce Europe's dependence on Russian energy and Western dependence on OPEC. This theory has faced criticism, particularly regarding its application...

Europe. Algeria is a member of the African Union, the Arab League, the OIC, OPEC, the United Nations, and the Arab Maghreb Union, of which it is a founding...

OPEC was founded in Baghdad by Iraq, Iran, Kuwait, Saudi Arabia and Venezuela, as a cartel to fix the price of oil on the world market. In 1973 OPEC imposed...

founding member of the Organization of the Petroleum Exporting Countries (OPEC). The 1980s in particular were characterised by the flowering of art and...

Nations General Assembly, Tijjani Muhammad-Bande; and the Secretary-General of OPEC, Mohammed Sanusi Barkindo. There are many names (and spellings of the names)...

surplus production according to commercial considerations determined by the OPEC and at the prices prevalent in the international markets. In early 2015 NIOC's...

Emirates, the European Investment Bank, the Islamic Development Bank and the OPEC Fund for International Development have agreed to contribute, Moroccan energy...

member of the SCO, BRICS, G-15, and OPEC.  Israel – a member of the OECD.  Saudi Arabia – a member of the G20 and OPEC.  Turkey – a member of the G20, OECD...

state-owned enterprise, Saudi Aramco. Saudi Arabia is a founding member of the OPEC cartel. In 2016, the Saudi government launched its Saudi Vision 2030 program...

Field Limande Field ENI Rabi-Kounga Field Shell In 1996 Gabon resigned from OPEC, stating that membership in the group was disadvantageous to its oil industry...

CNBC Europe's breakfast news programme Squawk Box Europe. He is also CNBC's OPEC reporter. Steve studied politics at the University of London. He also studied...

Energy and Natural Resources between 1978 and 1988, and Secretary General of OPEC between 1988 and 1994. Subroto died on 20 December 2022, at the age of 99...

(OPEC)-agreed oil production targets. Hugo Chávez maintained a policy of strict adherence to OPEC quotas and played a leading role in shifting OPEC from...

"Revisiting OPEC's Democratic Roots in the Age of Climate Emergency". E-International Relations. Retrieved 21 May 2023. "Revisiting OPEC's Democratic Roots...

prices by cutting back production; Kuwait refused, then led the opposition in OPEC to the cuts that Saddam had requested. Kuwait was pumping large amounts of...

"Merowe Dam – Sudan", Abu Dhabi Fund for Development. "Upper Atbara Dam", OPEC Fund for International Development. "Roseires Dam", IHA. Hailu 2022, Table...

prices to $75/barrel, which had fallen from a high of $147 to a low of $40, OPEC announced decreasing production by 2.2 mbd beginning 1 January 2009. Political...

actions. Because Israel's victory was largely due to U.S. support, the Arab OPEC nations retaliated by refusing to sell crude oil to the U.S., resulting in...

several terrorist attacks in Europe and the Middle East, most notably the OPEC siege in 1975. Bruce Conde 1913–1992 1962–1970 Mutawakkilite Kingdom of Yemen...

demand and prices and production quotas fixed by the OPEC, of which Kuwait is a member. OPEC’s quotas, however, are difficult to enforce, and Kuwait...

an integral member in the planning of the September 11 attacks. The 2022 OPEC+ oil production cut caused a diplomatic spat with Saudi Arabia, threatening...

of which was in 1996. As part of her role at OPEC she was also responsible for briefing NATO on OPEC's goals and mission. Alawami has also worked as...

member states with the Organization of the Petroleum Exporting Countries (OPEC) and members of the Organisation for Economic Co-operation and Development...

World's Oil". Statista, crediting OPEC and Canadian government. Archived from the original on 2 February 2026. OPEC omits Canada's oil-sands, estimated...

original on 16 July 2018. Retrieved 29 August 2018. "OPEC : OPEC Share of World Crude Oil Reserves". www.opec.org. Archived from the original on 25 August 2017...

The World Bank approved $350 million in financing in late 2024, and the OPEC Fund provided a $25 million loan for construction. Once completed, the 335-metre...

September 2007. Retrieved 25 February 2009. "OPEC: World proven crude oil reserves by country, 1960–2011". OPEC. Archived from the original on 5 September...

have a motorized vehicle for transfer of patients. In December 2015 the OPEC Fund for International Development approved a grant to improve electricity...

attempting to "flood the crude market at a time of oversupply." OPEC, joined now by Russia, forming OPEC+, ceded the contest, making its first production cut since...

kazworld.info. Archived from the original on 26 October 2016. "Table 3b. Non-OPEC Petroleum Supply". U.S. Energy Information Administration. Independent Statistics...

East War Day 2 as It Happened: Oil Flows Through Strait of Hormuz Dry Up, Opec+ Plans to Raise Output". Financial Times. Retrieved 5 March 2026. "Nahost-Liveblog:...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

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voluntary contributions of member countries and international agencies such as OPEC fund. Last year our programming was over US$10 million and we expect a more...

Light Brent Dubai Indian Basket Indonesian Isthmus-34 Light Japan Cocktail OPEC Reference Basket Tapis Urals West Texas Intermediate Western Canadian Select...

2001 the Moroccan Government signed an $8 million loan agreement with The OPEC Fund for International Development to help improve medical services in and...

Sheikh Nasser Al-Mohammed's government. Ahmed served as Secretary General of OPEC in 2005, and was appointed the director of the National Security Agency in...

al-Bazzaz (1913 – 1973), former prime minister and 2nd Secretary General of OPEC Abdul Rahman Arif (1916–2007), former president and prime minister of Iraq...

gas imports World energy supply and consumption "Natural Gas Production: OPEC: Marketed Production". CEIC Data. Retrieved 12 May 2026.{{cite web}}: CS1...

caused by geopolitical conflicts, coordinated production cuts (notably by OPEC), or large-scale imbalances between global supply and demand. Oil crises...

(460×10^3 m3/d) of total oil liquids. United Arab Emirates portal Energy portal "OPEC : United Arab Emirates". "On The future of energy and resource security in...

( 2,868,886 billion cubic feet (81,237.8 km3) ). As of 2023, 7 of the 13 OPEC nations are within the MENA region.[citation needed] Investment also flows...

described Russia–Saudi Arabia oil price war, which after failing to reach an OPEC+ agreement resulted in a collapse of crude oil prices and a stock market...

of Basic Infrastructure and Capacity Building (1984). His fourth book was OPEC 1960–1985: Major Transformations and Persistent Challenges (1987). Arabic:...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

the US Energy Information Administration forecasts a peak in 2050 and the OPEC does not see a peak in oil demand before 2050. The idea that human use of...

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Merkel, French president Emmanuel Macron, Russian president Vladimir Putin, OPEC (Organization of the Petroleum Exporting Countries) and, repeatedly, US president...

Dimitry. Autonomous State: The Struggle for a Canadian Car Industry from OPEC to Free Trade (U of Toronto Press, 2012) online Mordue, Greig. "Government...

countries from both sides in the Cold War. Syria received economic support from OPEC members during the 1973 oil embargo, in part for his hostility toward Israel...

2024. "Chávez visita naciones de la OPEP llega a Bagdad" [Chávez visits OPEC nations, arrives in Baghdad]. CNN. 10 August 2000. Archived from the original...

or coalition of countries, such as the G7, the European Union, OECD; G20, OPEC, N-11, BRICS, ASEAN; the African Union, and the Eurasian Union. Most Third...

"BHP BILLITON PRODUCTION REPORT FOR THE QUARTER ENDED 30 JUNE 2006" (PDF). "OPEC Upstream Investments Plans, Accessed 12/10/07". Archived from the original...

not the end of the story for oil majors". Resilience. July 4, 2004. "Oil: OPEC in Charge, $90 on the Way?" "Goldman Sachs signals end of oil price rises"...

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were available and popular during the 1950s, 60s and early 70s prior to the OPEC oil embargo. This had resulted in the federal government's Corporate Average...

NATO-bloc and Soviet-bloc nations but with the notable exceptions of most of the OPEC and Arab league nations like Syria, Egypt, Jordan, Saudi Arabia, and Iran...

2 U.S. International Development Finance Corporation 200 million Loan 3 OPEC Fund 50 million Loan 4 Temane Energy Consortium Owner/Developer Consortium...

leading to Baraqish and Ma'in to the south to Marib. Yemen was reported by OPEC to have received a $5m loan for the road project on May 11, 1987. It is served...

mines and hydrocarbons for president Romulo Betancourt was the founder of OPEC, an idea he conceived while exiled in the United States during his review...

still serving as Saudi oil minister and therefore the de facto leader of OPEC, Naimi became the primary advocate for the export organization's controversial...

million barrels per day (520,000 m3/d) although most secondary sources such as OPEC and the EIA put Venezuela's output at least 500,000 barrels per day (79,000 m3/d)...

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government. As a key member of the Organization of Petroleum Exporting Countries (OPEC), Kuwait's economy heavily relies on oil exports. According to official statistics...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

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internationally. In October 1973, the Organisation of Petroleum Exporting Countries’ (OPEC) started an oil embargo, targeted at nations thought to be supporting Israel...

on the company's board of directors due to his past communications with OPEC.After the transition to the Trump Administration in 2025, the reshuffled...

dependent on petroleum production and exports. As a prominent member of OPEC, the nation's fiscal health has historically been tied to the volatile price...

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

Ruler [ja] 1978 Sakura Shori [ja] 1979 Katsurano Haiseiko [ja] 1980s 1980 Opec Horse [ja] 1981 Katsu Top Ace [ja] 1982 Bamboo Atlas [ja] 1983 Mr. C. B....

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

original on June 13, 2007. Retrieved March 23, 2012. "OPEC Annual Statistical Bulletin 2006" (PDF). OPEC. 2007-09-13. Retrieved 2021-01-11. Persia Land of...

Archived from the original on 10 July 2016. Retrieved 16 December 2020. OPEC, Annual Statistical Bulletin 2016 Archived 21 August 2018 at the Wayback...

saw similar failures in their economic choices. An EIA report stated that OPEC member nations were projected to earn a net amount of $1.251 trillion in...

detonates a grenade, killing dozens of people. The next year, Carlos attacks an OPEC meeting in Austria to earn a ransom. To identify Carlos, the CIA sends Fields...

in reaction to the 5% production cut and reduction of supply by OPEC countries. The OPEC embargo was directed at the United States and other countries (the...

rally as OPEC resists calls to ramp up supply". CNBC. 5 October 2021. Archived from the original on 26 October 2021. Retrieved 26 October 2021. "OPEC-Plus...

Amuzegar International Economic Consultant Mehdi Asali Energy Economist OPEC Secretariat, Vienna and International Institute for Energy Studies (IIES)...

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oil prices increased by 10% over the course of the 12-day conflict, as the OPEC+ coalition of producers, which includes Saudi Arabia, Russia, Iraq, the United...

List of oilfield service companies North Sea Oil Oilfield terminology OAPEC OPEC Petroleum geology Petroleum play Stranded gas reserve Subsea Underground...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

attempted during the 1970s to once again control the oil prices (through OPEC), and cancel the same oil consortium agreement that caused the 1953 coup...

catalyst for the 1973 oil crisis, a Saudi-led oil embargo in conjunction with OPEC against countries trading with Israel. Severe shortages led to massive increases...

Development in Africa 29.5 million 20.5 Loan 4 OPEC Fund for International Development 20.0 million 14.4 Loan 5 OPEC Fund for International Development 20.0...

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Firm [5] F&F Public Relations [6] World Environment TV [7] Archived 24 June 2019 at the Wayback Machine Our Publication 'The OPEC Story' [8][dead link]...

resulted in a meeting of the Organization of the Petroleum Exporting Countries (OPEC) to discuss a potential cut in production to balance the loss in demand....

September 1980). "OPEC Oil Ministers at Odds on Pricing and Oil Production" (fee required). The New York Times. Retrieved 23 April 2010. "OPEC ministers discuss...

Iranian-linked "terrorist" cell. 28 April – The UAE announces its withdrawal from OPEC effective 1 May. 17 May – A drone strike is carried out in the vicinity of...

Summit held in Algiers. Also in 1973, the oil embargo initiated by Arab OPEC countries as a result of the Yom Kippur War caused an increase in world oil...

world. Until its departure in 2026, the UAE played a significant role in OPEC, and remains one of the founding members of the Gulf Cooperation Council...

for the Protection of the Danube River OPEC – Organization of the Petroleum Exporting Countries OPEC Fund – OPEC Fund for International Development OSCE...

Investors | PitchBook". Retrieved 14 November 2024. "Medvedev Discusses OPEC in Angola". The Moscow Times. 2009-07-01. Archived from the original on 2009-07-09...

"Enerflex Energy Systems Inc". Bloomberg. Wikimedia Commons has media related to Enerflex Systems. Oil well Drilling OPEC List of oil-producing states...

1965–1966 Indian economic crisis Recession of 1969–1970 1970s energy crisis OPEC oil price shock (1973) Energy crisis (1979) 1972–1973 Indian economic crisis...

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1970s. In the late 1970s, a bug was discovered in a meeting room at the OPEC headquarters in Vienna. The bug intercepted the audio from the PA system...

at the Russian Energy Ministry together with other oil companies ahead of OPEC+ meetings. In 2019, he received the Order of Alexander Nevsky from Russian...

prominent voice at the global economic forums and organizations like the OPEC. Kuwait is also a major ally of ASEAN, a regional ally of China, and a major...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

reduction of 48% over the year. In the second half of 2019, the effect of an OPEC+ agreement to increase oil prices resulted in Russia receiving a high level...

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plant slated to be completed by 2018 is being constructed with the help of OPEC, the World Bank and the Global Environmental Facility. The facility is expected...

staved off inflation. By the mid-1970s, Nixon successfully convinced several OPEC countries to trade oil only in USD, and the US would, in return, give them...

Type Grade 2P resvs GOR Peak Year Peak Discovery Capital Inv. Notes Ref OPEC Angola Block 32 Kaombo (Gindungo; Canela; Gengibre; Mostarda) 2017 Total...

pirates, dangerous wildlife, and other Grendels (both friend and foe). In the OPEC wastes, Grendel and Jupiter are captured by a band of rebels opposed to Laurel...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

international trade of lithium, including the creation of an organization similar to OPEC. All lithium extracted in Chile as of 2023 comes from Salar de Atacama. The...

Energy between 1972 and 1975. Shettima Ali Monguno was also the president of OPEC between 1972 and 1973. He was the presidential candidate during the Option...

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oil production and 73 percent of the world's proven oil reserves. (OPEC+: the OPEC countries plus Russia) Open Balkan: The Open Balkan is an economic...

College Ayodhya 2019 Maharshi Vashishtha Autonomous State Medical College and OPEC Hospital Basti 2019 Veerangana Avanti Bai Lodhi Autonomous State Medical...

Reagan in 1987. The impact of the 1973 oil crisis and the emergence of the OPEC cartel was a particular milestone that prompted some countries to increase...

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Rajini School School district Office of the Private Education Commission (OPEC) School code 1110100030 Director Yenluethai Chongthanom Grades kindergarten...

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Retrieved 2011-10-24. "Daily and Cumulative Crude Oil Production in OPEC Members". OPEC Annual Statistical Bulletin. 2009. Archived from the original on...

Ecuador joined the OPEC in 1973 and suspended its membership in 1992. Under President Rafael Correa, the country returned to OPEC before leaving again...

can and plastic pipe companies. Conflict in the Middle East, the rise of OPEC and America’s increasing dependence on foreign oil led Plank to revise Apache’s...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

saving the lives of sixty people who had been taken hostage in the raid on OPEC headquarters in Vienna. It is reputed that Neville asked Carlos to sign a...

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stated: "Those now pressing to turn natural-gas price regulation over to OPEC, while arguing the rhetoric of so-called deregulation, must not prevail."...

Cage) 4. Ersie Mame Rehim (Heritage of Mame Rehim) 5. Ozve Jadide OPEC (New Member of OPEC) 6. Nabarde Ramadie (Battle of Ramadie ) 7. Koche Sorkh (Red Alley)...

ambassador-level talks in the White House. 1 May – The United Arab Emirates leaves OPEC, ending six decades of membership and removing one of the organization's...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

Arab News. Retrieved 10 September 2025. "OPEC: OPEC to celebrate its 60th Anniversary in Baghdad on 16 June". opec.org. Retrieved 11 December 2024. Stanek...

("Federal Emission Control Act"). End of five-month oil embargo by most OPEC nations against the United States, Europe, and Japan which had caused the...

petroleum industry, and the Organization of the Petroleum Exporting Countries (OPEC), the international oil cartel that Venezuela established in partnership...

University Press. ISBN 978-0-801-82693-1. Rouhani, Fuad (1971). A History of OPEC. New York, NY: Praeger. Vassiliou, Marius (2018). Historical Dictionary of...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

"depression" (i.e the recession caused by the Arab oil shock of 1973–74), OPEC, rising crime, the collapse of traditional values and other contemporary...

country is a member of the United Nations, African Union, Francophonie, OPEC, and the CPLP. Pygmies likely once lived in the continental region but are...

1962, Libya joined the Organization of the Petroleum Exporting Countries (OPEC). In ensuing years, the Libyan state furthered its control over the industry...

setbacks that further impacted Detroit. The industry encountered the rise of OPEC and the resulting sharp increase in gasoline prices. It faced new and intense...

Exporting Countries (OAPEC) Organization of Petroleum Exporting Countries (OPEC) United Nations (UN) United Nations Conference on Trade and Development (UNCTAD)...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

Agency. December 2016. Retrieved 22 December 2019. American Physical Society "OPEC Annual Statistical Bulletin 2014 - Conversion Factors". Archived from the...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

Arlit to Agadez, 243 km, paved in 1980 and probably recently repaved. The OPEC Fund said March 19, 2021 that the final stretch of road was "soon to be completed...

OECD/International Transport Forum Roundtable. John Gerdes (2007). "Modest Non-OPEC Supply Growth Underpins $60+ Oil Price" (PDF). SunTrust Robinson Humphrey...

crash caused OPEC countries to react by diminishing production, the organization's first cut in eight years. Minister Al-Falih urged fellow OPEC member countries...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

shot up 70% overnight as the Organization of Petroleum Exporting Countries (OPEC) launched the Arab Oil Embargo. With fear that competitors would abandon...

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1930s to the 1960s, it largely set world oil prices, but was displaced by OPEC (Organization of Petroleum Exporting Countries) after 1973. In 1984, the...

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Aduda also served as OPEC Governor for Nigeria, representing the country's interests in the 186th Ordinary Meeting of the OPEC Conference of Ministers...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

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History of the petroleum industry in Canada List of oil-producing states OPEC "Atlas of the Western Canada Sedimentary Basin". July 14, 2020. Porter, J...

Alumnus Notability Abdallah Salem el-Badri Secretary general of OPEC (1994, 2007–2016) Ross Baumgarten Major League Baseball pitcher Robert M. Blackburn...

consume little oil and export most of their production, they are part of OPEC. Venezuela had a big drop in production after 2015 (when it produced 2.5 million...

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Caribbean Group of 77 International Labour Organization Islamic Development Bank OPEC Fund for International Development Organization of the Petroleum Exporting...

the "Harberger Triangle". Oil production by OPEC The Organization of the Petroleum Exporting Countries (OPEC) is a key example of an organization that uses...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

academics, and Orientalists, the Yom Kippur War (6–25 October 1973) and the OPEC petroleum embargo (October 1973 – March 1974) were recent modern history...

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International Monetary Fund and renegotiated oil contracts and rejoined OPEC. Ecuador was also active in the project to integrate the countries of South...

1977 - Lucky Ruler 1978 - Sakura Shori 1979 - Katsurano Haiseiko 1980 - Opec Horse 1981 - Katsu Top Ace 1982 - Bamboo Atlas 1983 - Mr. C.B. Horse racing...

Proven global natural gas reserves between 1960 and 2012 (OPEC)...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

"Sir Seretse Khama International Airport Upgrading and Expansion Project -OPEC Fund for International Development". Retrieved 8 November 2025. "Air Botswana...

Average all fell by more than 3%. Oil futures rose following reports of OPEC agreeing to production cuts with Russia, while the yields on 10-year and...

Due to the increased demand for compact fuel efficient vehicles after the OPEC oil crisis, Ford decided to keep producing the Maverick as a price leader...

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1973 Oil Crisis is often used as the exemplar case of a supply shock, when OPEC restrictions on production and sale of petroleum resulted in fuel shortages...

to a compensation of $1598 for 21 working days of 8 hours). Libya is an OPEC cartel member and holds the largest proven oil reserves in Africa (followed...

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Shell script Support programs for OS/360 and successors System software "Non-Opec (advertisement)". Computerworld. Sep 3, 1979. Retrieved May 20, 2019. Mendelson...

effort in forming OPEC and Saudi Arabia gained full control of Aramco by 1980. Corporate welfare Saudi Aramco "From Arab Nationalism to OPEC: Eisenhower, King...

earnings, 80% of GDP, and 99% of government income. Libya is a member of OPEC and one of the world's largest oil producers. It was producing roughly 1...

1973 oil crisis Climate change Electric power transmission Net metering OPEC Peak oil Photovoltaics Pipeline transport Sustainable development Synthetic...

Finance Corporation 21.7 19.38 2 Standard Bank of South Africa 21.7 19.38 3 OPEC Fund for International Development 31.6 28.21 4 Gulf Power Limited 37.0 (Equity)...

General Assembly Ahmed Zaki Yamani Law Saudi Arabian politician; minister of Oil (Petroleum) and Mineral Resources 1962–1986; minister in OPEC for 25 years...

Exporting Countries (OAPEC) Organization of the Petroleum Exporting Countries (OPEC) Pan Arab Games Pan-Arabism Summit of South American-Arab Countries United...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

"جامعة الدول العربية". www.lasportal.org. Retrieved 2021-06-29. "OPEC: Home". opec.org. Retrieved 2021-06-29. "BSEC - Black Sea Economic Cooperation"...

before becoming involved in his country's politics. He was also president of OPEC in 1993. In 2004, Ping was chosen to be the 59th President of the United...

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Carney, John (September 28, 2012). "Matt Damon's Anti-Fracking Film Backed by OPEC Member". NetNet. CNBC. "'Promised Land': Matt Damon's Fracking Film To Highlight...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

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"grasp of politics isn't strong", joking that, for many years, he thought "OPEC was a denture adhesive". Originally created with the intentions to "come...

of Kuwait on August 2, 1990, Saddam Hussein's second invasion of a fellow OPEC member. Lasting only nine months, the price spike was less extreme and of...

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among the G8, Western industrialized nations, several Asian nations, and OPEC nations. In the 21st century, wealth remains concentrated among the G8, with...

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Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

level. OPEC policies that discouraged infighting among members in order to create a united front to best take advantage of the oil boom. OPEC had Iran...

Commission (FTC) alleged that Scott Sheffield had illegally colluded with OPEC and OPEC+, a related cartel of oil-producing countries, to raise oil prices at...

258 Balcombe Street siege London, United Kingdom 6 December 1975 5 days OPEC siege Vienna, Austria, Algiers, Algeria, Tripoli, Libya 21 December 1975...

has come since Sunday's contested election to recognizing Gonzalez as the OPEC nation's new leader. Phillips, Tom (2 August 2024). "Venezuela election:...

through the second quarter of the year. OPEC called on Russia and other non-OPEC members of OPEC+ to abide by the OPEC decision. On 6 March, Russia rejected...

Tributes: National Academy of Engineering, p. 225. Terzian, Pierre. (1985). OPEC, the Inside Story: The Inside Story, p. 31. Toyota: Toyoda bio Archived 2009-06-04...

liberalization by Mao's successors. Despite facing an oil crisis due to the OPEC embargo, the economy of Japan witnessed a large boom in this period, overtaking...

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(PDF) on May 16, 2013. "OPEC 172nd Meeting concludes" (Press release). OPEC. 25 May 2017. Roeben, Volker (2024). "What drives OPEC production policy?". The...

plans to join the Commonwealth of Nations, the International Monetary Fund, OPEC+, and the World Bank. Some international trade organisations categorise South...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

sever diplomatic relations with Israel. The Yom Kippur War of 1973 and the OPEC oil embargo however caused a cooling of the alliance. The 1979 Iranian revolution...

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Gabon withdrew from the Organization of the Petroleum Exporting Countries (OPEC), rejoining in 2016. In 2022, Gabon joined the Commonwealth of Nations. In...

Iranian oil into the market, influencing global oil price calculations and OPEC+ output decisions. In February 2026, in the fallout of the 2025-2026 Iranian...

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Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

gas prices were at a premium and shortages were common due to a change in OPEC policy. People started to rethink their consumption of gasoline and looked...

Ruler [ja] 1978 Sakura Shori [ja] 1979 Katsurano Haiseiko [ja] 1980s 1980 Opec Horse [ja] 1981 Katsu Top Ace [ja] 1982 Bamboo Atlas [ja] 1983 Mr. C. B....

century, the geopolitics of oil in the 20th century, and the emergence of OPEC. The control and access to oil have been pivotal in world events, including...

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Exporting Countries (OAPEC) Organization of Petroleum Exporting Countries (OPEC) Permanent Court of Arbitration (PCA) United Nations (UN) United Nations...

explanation against the supply shock view that the 1970s stagflation was due to OPEC's quadrupling of oil prices in October 1973. Data show that its seeds were...

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personal position for profit. "UPDATE 2-Nigeria will boost oil output if OPEC asks". Reuters. 8 March 2011. Retrieved 29 May 2021. "Taxation and State...

Nigerian Bar in 1988. He is the President of the Administrative Tribunal of the OPEC Fund for International Development, and Chairman of the Islamic Development...

 861–862. "Morocco expands hospital services with US$8 million OPEC Fund loan". The OPEC Fund for International Development. 9 February 2001. Archived...

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19 – Representatives of 23 western oil companies begin negotiations with OPEC in Tehran to stabilize oil prices; February 14 they sign a treaty with 6...

which operated between 1948 and 1994, when the WTO was established. The OPEC, which banded together to control global oil supply and prices, caused the...

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rampant inflation. In 1978, New Zealand faced a further crisis in oil supply. OPEC continued to raise the price of oil. Then in 1979 the Iranian Revolution...

deprecated archival service (link) "Kuwait: Selected Upstream Projects, OPEC". Archived from the original on 2007-11-11. "SK to build Sabriya facility...

media related to Maracaibo Basin. History of the Venezuelan oil industry OPEC: Venezuela US Energy Information Administration: Venezuela Johnston Seismic...

on 7 January 2015. Retrieved 16 January 2015. "Page 143 - WOO 2014". www.opec.org. Retrieved 2020-11-24. "Port of Singapore Achieves Historic Bunker Sales...

a "cocoa cartel" and nicknamed it "COPEC", a reference to the oil cartel OPEC. Côte d'Ivoire and Ghana are the world's largest and second largest cocoa...

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Wilfried Böse and Brigitte Kuhlmann. They were involved in the attack on the OPEC conference in 1975 and in the hijacking of an Air France plane to Entebbe...

Iranian power plant energy is wasted. Iran is one of the leading members of OPEC (Organization of Petroleum Exporting Countries) and the Organization of Gas...

invasion of Iraq concluded and rose again following an announcement that OPEC would reduce its output. The prices of non-fuel commodities, such as metal...

demand.[citation needed] In late August, OPEC president fails to revive floundering attempts to organize a formal OPEC meeting to discuss crisis/production...

billion cubic meters, or 10.6 trillion cubic feet (OPEC, as of 31 December 2015). BP, US EIA, and OPEC all place Bolivia's proven gas reserves as the sixth-largest...

Europe (OSCE), the Organization of Petroleum Exporting Countries (OPEC), the OPEC Fund for International Development (OFID), the International Anti-Corruption...

crunch: How high will oil prices climb?". Al-Jazeera. September 27, 2021. "OPEC-Plus in Driver's Seat As Global Energy Crisis Intensifies". Natural Gas Intelligence...

the 1970s, the electric vehicle made its reappearance because of the 1973 OPEC Oil Embargo. Previously, the abundant gasoline had become the prime source...

engineered the Islamic Revolution in retaliation for his championing of OPEC and the Palestinian cause. The Palestinians, as well as the Israelis, would...

and an oil embargo by the Organization of Petroleum Exporting Countries (OPEC) caused the price per barrel to rise to US$12.00, which further incentivised...

A second round of shocks began in 1973 when the oil producing states of OPEC introduced a worldwide oil embargo to protest Israeli policies in the Middle...

Burke and Raymond Burr Scenario: The Oil Game (1976), crisis game examining OPEC Scenario: The Peace Game (1977), crisis game examining NATO Connections (1978)...

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development over the past 50 years. Notably however, Oman is not a member of OPEC, although it has coordinated with the group in recent years. Oil was first...

trade.gov. February 1, 2024. Retrieved March 12, 2026. "OPEC : Monthly Oil Market Report". www.opec.org. Retrieved August 20, 2022. Tvedten, Inge. Angola:...

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(CCIAZ)". Retrieved 20 June 2026. The OPEC Fund for International Development. "Pan-Arab Highway Project-OPEC Fund for International Development". opecfund...

international entities like China, Northwestern Polytechnical University, OPEC, and Mexico's Secretariat of Public Security. The group has also targeted...

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administration of US President Jimmy Carter—as a result of the Shah's support for OPEC petroleum price increases earlier in the decade. When President Carter enacted...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

years. In the 1950s, its growth rate was 66 percent. The 1973 oil embargo by OPEC spurred an oil boom in eastern Montana, northern Wyoming and western North...

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Organization of American States Organization of the Petroleum Exporting Countries (OPEC) Secretary General of the Organization of the Petroleum Exporting Countries...

1967 by Chile, Peru, Zaire, and Zambia, operated in the copper market as OPEC does in oil, though it never achieved the same influence, particularly because...

speech, this time announcing that Saudi Arabia will invite Israel to join OPEC. Scott receives a note from her handler with a single word: "Now!" Nevertheless...

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Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela founded OPEC on 14 September 1960 in Baghdad. OPEC would cease the export of oil to America after the 1973...

Ruler [ja] 1978 Sakura Shori [ja] 1979 Katsurano Haiseiko [ja] 1980s 1980 Opec Horse [ja] 1981 Katsu Top Ace [ja] 1982 Bamboo Atlas [ja] 1983 Mr. C. B....

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

several factors, including imposition of higher energy prices due to action by OPEC or other cartel, war, political disputes, economic disputes, or physical...

would become known as the Organization of the Petroleum Exporting Countries (OPEC). The Shah also sought to terminate the 1954 Consortium Agreement an effort...

leaders, including the former chairman of the Federal Reserve Paul Volcker, OPEC Secretary-General Abdallah Salem el-Badri, and IMF Managing Director Christine...

intention would be to create a rice price fixing cartel similar to that of the OPEC for petroleum. However, it can be assumed that some price coordination will...

About It” (1990) “Die OPEC im weltwirtschaftlichen Spannungsfeld – Ein Beitrag zur Discussion um die “neue Weltwirtschaftsordung”” (Opec and the New World...

Iranian Offshore Oil Company Iranian Central Oil Fields Company Oil reserves OPEC Petroleum industry Defunct Anglo-Persian Oil Company Natural gas Gas Exporting...

Paris café attack (September 15, 1974) Orly Airport attacks (January, 1975) OPEC siege (December 21, 1975) Yeşilköy airport attack (August 11, 1976) Orly...

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Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

including the Arab Bank for Economic Development in Africa (BADEA) and OPEC Fund (The OPEC Fund for International Development). The following countries are...

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CNBC, Bloomberg News, and NPR's Marketplace radio.His articles on oil and OPEC have been published in the Financial Times. McNally testifies to Congress...

the Yom Kippur War. The results included a sharp rise in oil prices and in OPEC revenues, an emergency period of energy rationing, a global economic recession...

October 1973, after the Yom Kippur War and the OPEC embargo against the United States and the Netherlands by OPEC members and Arab countries, a serious oil...

Following the dramatic Organization of the Petroleum Exporting Countries (OPEC) price increases of the mid-1970s, operations were constrained by rising...

Complex at Wikimapia Hayatabad Medical Complex "Hayatabad Hospital Project - OPEC Fund for International Development". opecfund.org. Retrieved 2024-07-04....

track, Upstreamonline, March 7, 2008". "Qatar: Selected Upstream Projects, OPEC, viewed 2 December 2007". Archived from the original on 27 December 2007...

Kaiser 1977 Lucky Ruler 1978 Sakura Shori 1979 Katsurano Haiseiko 1980s 1980 Opec Horse 1981 Katsu Top Ace 1982 Bamboo Atlas 1983 Mr. C. B. ₩ 1984 Symboli...

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1995 Screamers Cpl. McDonald 1997 Bleeders Baby Laura 1997 The Assignment OPEC Receptionist 1997 The Education of Little Tree Martha 1997 Laserhawk Waitress...

Petroleum Exporting Countries (OPEC) to take action in 1973, and Libyan militancy was partially responsible for OPEC measures to raise oil prices, impose...

2018). "OPEC Oil Production Dips Despite Surge in Saudi Arabia's Output". The Wall Street Journal. London. Retrieved 14 December 2018. The OPEC report...

agreeing to cut production effective April 1, after a two-day meeting of the OPEC nations, in a move to stop the falling prices of oil resulting from the high...

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Barker, Anthony (ed.). "OPEC may switch to euro". Reuters. Dubai. Retrieved 4 August 2025. Gaffen, David (8 February 2008). "OPEC Rattles the Dollar". Wall...

and former congressman Ahmed Zaki Yamani, Saudi Arabian oil minister and OPEC official Georges Abi-Saab, Egyptian jurist who served on the Appeals Chamber...

institutional links with OPEC, particularly through student recommendations for internship placement. Before his passing in 2022, OPEC Secretary General Mohammed...

the original on 2017-04-27. Retrieved 2017-04-24. "OPEC Share of World Crude Oil Reserves". OPEC. Archived from the original on 10 January 2015. Retrieved...

Community of West African States (ECOWAS) and the regional headquarters of OPEC. Abuja and the FCT have experienced huge population growth; it has been reported...

Surrey in 1982, with a thesis titled An empirical investigation into the OPEC surplus and its disposal. On the 16 January 2024, O’Neill was granted an...

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übernehmen Sie. It first appeared in June 1973 in the Kronen Zeitung. During the OPEC siege in 1975, the unit was deployed to potentially intervene, Vienna never...

move towards the establishment of OPEC by approaching Iran, Gabon, Libya, Kuwait and Saudi Arabia in 1949, but OPEC was not set up until 1960, when the...

secretary-general of the Organization of the Petroleum Exporting Countries (OPEC) from 1981 to 1983 and was an opposition politician in Gabon from 1990 till...

Institutions like New Education Society, Millat Education society, Hospitals like OPEC hospital Raichur, Waqf and Maternity hospital Raichur. He was actively involved...

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ending on 18 March 1974. OPEC nations then agreed, on 7 January 1975, to raise crude oil prices by 10%. At that time, OPEC nations – including many who...

on the company's board of directors due to his past communications with OPEC. Under the Trump Administration, the FTC reversed its decision barring Hess...

Shah had negotiated a major agreement with Saddam Hussein of Iraq at an OPEC meeting in Algiers, mediated by Algerian head of state Houari Boumédiène...

the basis of 1956 data. In 1989, predicted peak by Colin Campbell In 2004, OPEC estimated, with substantial investments, it would nearly double oil output...

G20/BRICS/G4/Commonwealth/SAARC/SCO/QUAD Blue-water navy 2 / 2 6 6430 Y  Iran ECO/OPEC/GECF/SCO/BRICS/D-8 Green-water navy 0 3 N  Indonesia...

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Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

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and Venezuela to form the Organization of Petroleum Exporting Countries (OPEC), aiming to challenge the dominance of Western oil companies and reclaim...

consume little oil and export most of their production, they are part of OPEC. Venezuela had a big drop in production after 2015 (where it produced 2.5...

Marathon Oil Corporation. The national gas company is Sonagas. "OPEC : Home". www.opec.org. Retrieved 2022-08-24. "Energy Profile: Equatorial Guinea" (PDF)...

as important to know the standard pressure as the temperature. Formerly, OPEC used 101.325 kPa (14.696 psia) but now the standard is 101.560 kPa (14.73...

because the residual demand that it faced was elastic (much higher than OPEC, for example). The inability of coordinating output cutbacks during the extensive...

Caribbean Development Bank Common Fund for Commodities New Development Bank OPEC Fund for International Development Trade and development Developmental state...

arts 10–11 TFEU art 282 and TEU art 3(3) In the OPEC led 1970s energy crisis and the Russia and OPEC led 2021–2022 global energy crisis TFEU art 282 and...

manage to rein in inflation, which had soared after the 1973 oil crisis, when OPEC nations refused to sell oil to nations that supported Israel in the Yom Kippur...

Chemical Weapons (OPCW) Organization of the Petroleum Exporting Countries (OPEC) United Nations (UN) United Nations Conference on Trade and Development (UNCTAD)...

the Panama Agreement Organization of the Petroleum Exporting countries (OPEC) - Guatemala Agreements Binational agreement between Ecuador and Colombia...

Gasenyi-Nemba is a border crossing between Burundi and Rwanda. In 2008 the OPEC Fund for International Development announced a project to build a paved road...

time of the oil crisis resulting from the Arab-Israeli War of 1973 when OPEC quadrupled the price of oil causing an energy crisis in Western countries...

as exemplified by the rare earths trade dispute and export cartels like OPEC+. Business and economics portal Politics portal Law portal World portal Agreement...