OPEC News

What is said and done by OPEC is widely regarded to have a direct impact on the price of oil in the world. This in turn has an impact on the US economy, and on consumers. It is not surprising, therefore, that so many people want to stay up-to-date with OPEC news through the daily digest service offered by Wiser. OPEC stands for the Organization of the Petroleum Exporting Countries and it represents the nations that dominate the export of oil. It was founded in 1960 by Iran, Iraq, Kuwait and Venezuela, but has since grown to comprise several other countries including Saudi Arabia, United Arab Emirates, Qatar and Libya. In 2014, there were 12 nations in OPEC and its members are thought to account for as much as 78 percent of the world's oil reserves. OPEC sets production targets for each of its member countries which effectively controls a significant proportion of world oil production and is used as a lever to control prices. Sign up today for the Wiser daily OPEC news email. It is a free digest delivered to your inbox containing articles on OPEC from around the web.

Recent OPEC News Coverage
 
Your Weekly Recommendations Wednesday, March 29, 2017
 
Recommended for you
Saudis battle killjoy image with monster trucks and hip hop
CBS News
Oil rises on Libya disruption, likely extension to OPEC output cut
The Globe and Mail • Ahmad Ghaddar
OPEC basket price goes up
Trend.Az - All news
Nigeria’s crude oil exports to rise in May – loading plans
BusinessDay • Onlineeditor
Market demands Opec renew production cuts
Gulf News
Japan's Halilhodzic delighted with Kubo decision
Channel NewsAsia World News
Rising Iraqi Oil Exports To The U.S.
Seeking Alpha • Matt Smith
Postecoglou asks Socceroos fans to keep the faith
Australian Broadcasting Corporation
UAE: data loss prevention and data privacy are top priorities
The Paypers
Australia bank on home comforts for run to Russia
Channel NewsAsia World News
 
Recommended for You
Oil & Gas, Organization of the Petroleum Exporting Countries
Saudis battle killjoy image with monster trucks and hip hop
CBS News
DUBAI, United Arab Emirates -- Monster trucks, hip-hop dancing and Game of Thrones all have one surprising thing in common now: Saudi Arabia. The kingdom, which bans movie theaters and other entertainment venues, is challenging its ultraconservative image and loosening the reins...
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Coal Industry, Crude Oil
Oil rises on Libya disruption, likely extension to OPEC output cut
The Globe and MailAhmad Ghaddar
Oil prices extended gains on Wednesday despite industry data showing an increase in U.S. crude inventories, lifted by supply disruptions in Libya and views that an OPEC-led output reduction is likely to be extended. Front-month Brent crude futures rose 41 cents to...
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Crude Oil, Oil & Gas
OPEC basket price goes up
Trend.Az - All news
Baku, Azerbaijan, March 29 By Leman Zeynalova – Trend: The price of OPEC basket of thirteen crudes stood at $48.84 a barrel on March 28, compared with $48.25 the previous day, according to the cartel’s website. The OPEC Reference Basket of Crudes...
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Crude Oil, Oil & Gas
Nigeria’s crude oil exports to rise in May – loading plans
BusinessDayOnlineeditor
Tue Mar 28, 2017 3:56pm GMT Print | Single Page [-] Text [+] LONDON, March 28 (Reuters) – Nigeria’s crude oil exports are set to rise to 1.66 million barrels per day (bpd) in May, according to a loading programme compiled by...
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Economic Policy, Oil & Gas
Market demands Opec renew production cuts
Gulf News
The Emirates Center for Strategic Studies and Research organised its 22nd annual conference last week under the theme ‘The Future of the Region: Oil Price Challenge’. The topic was controversial since the sharp decline in oil prices, which fell below $30 (Dh110)...
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Oil & Gas, Organization of the Petroleum Exporting Countries
Japan's Halilhodzic delighted with Kubo decision
Channel NewsAsia World News
REUTERS: Japan winger Yuyo Kubo's goalscoring form has vindicated the decision to select him over Keisuke Honda, coach Vahid Halilhodzic said after a 4-0 victory over Thailand in a World Cup qualifier on Tuesday. The 23-year-old Belgian-based forward bagged a goal and...
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Coal Industry, Natural Gas
Rising Iraqi Oil Exports To The U.S.
Seeking AlphaMatt Smith
Two-hundred and twenty years to the day after the washing machine was patented, oil prices are continuing to spin around support at the $48 level. As buying interest returns today, ahead of the weekly inventory data, hark, here are five things to...
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Oil & Gas, Organization of the Petroleum Exporting Countries
Postecoglou asks Socceroos fans to keep the faith
Australian Broadcasting Corporation
Ange Postecoglou has ended a trying but ultimately triumphant week by challenging Socceroos fans to match his ambitions for the World Cup. Postecoglou oversaw a 2-0 success against United Arab Emirates in Sydney on Tuesday night to keep qualification for the 2018...
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Oil & Gas, Organization of the Petroleum Exporting Countries
UAE: data loss prevention and data privacy are top priorities
The Paypers
The majority of organizations in Middle East & Africa (MEA) have recognized data loss prevention and data privacy as top priorities, when it comes to fraud prevention, according to a Sophos study. There is a great potential for security industry within this...
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Oil & Gas, Organization of the Petroleum Exporting Countries
Australia bank on home comforts for run to Russia
Channel NewsAsia World News
SYDNEY: Australia's campaign to reach a fourth straight World Cup finals received a fillip with their first win in five qualifiers on Tuesday but there is plenty yet to be done to secure a ticket to Russia. The 2-0 victory over the...
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