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OPEC

The influence of the Organization of Petroleum Exporting Countries (OPEC) has closely, naturally followed the peaks and valleys of the world's demand for oil...

Oil Prices Stabilize; Can OPEC Keep Them That Way?

It's become a predictable September ritual: officials from the world's oil-rich nations fly into Vienna for their annual OPEC meeting, huddle around a gleaming...

OPEC Wants You to Pay More for Gas

For many consumers, the only silver lining on the global financial crisis has been the falling oil price it has precipitated. But OPEC is determined to put an...

OPEC Ready to Take Crude Prices to The Mat

After months of false starts, OPEC claims it is ready to drop production far enough to pull more money out of the pockets of the oil-consuming nations. The...

OPEC: Gas Prices Will Stay High

As gas prices heads for a possible $4 a gallon in the U.S. this summer, it's tempting to blame Big Oil β€” as many in Congress did last week β€”for its bloated...

Why OPEC Won't Boost Oil Supplies

Pity Dick Cheney, when Air Force Two lifts off on Sunday for the Middle East. Reviving the Israeli-Palestinian peace talks looks to be the simpler part of his...

Oil Prices: Don't Blame OPEC

Commodity speculators are exploiting geopolitical tensions to put a "fear factor premium" on oil prices, says Qatar's Energy and Oil Minister Abdulla Bin Hamad...

How Hugo Chavez Has Primed the Gas Pump

When most Americans think of the Organization of Petroleum Exporting Countries β€” OPEC, the world's most powerful energy cartel β€” they usually envision Arab...

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Articles from Around the Web

Iran to Reassert Authority at OPEC After Nuclear Deal

Bijan Zanganeh returns this week to the same Vienna hotel suite he last occupied eight years ago as Iranian oil minister, ready to prepare OPEC for what Tehran hopes will mark...