OPEC: Key Influences on Global Oil Prices and Supply
OPEC: Key Influences on Global Oil Prices and Supply
Dec 24, 2024
investopedia.com
24K views · 82 reactions | It provides 40% of the world’s oil and its decisions can also temporarily affect the price of oil - So what is OPEC? | CNBC International | Facebook
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10K views · 331 reactions | Oil prices around the world surged after OPEC+ nations announced plans to voluntarily cut oil production starting from May until the end of 2023 https://reut.rs/3K3rPn6 | Reuters | Facebook
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18 reactions | Today marks #OPEC’s 64th Anniversary. #OPEC was founded between 10-14 September 1960 by five oil- producing countries (Iran, Iraq, Kuwait, Saudi Arabia and Venezuela) in the Al- Shaab Hall in Baghdad. This milestone marked the beginning of a new chapter in the oil industry. Happy #OPEC Day! | OPEC | Facebook
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