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Algeria's ailing Bouteflika wins re-election

Updated 21 hours ago

Bouteflika had cast his vote sitting in a wheelchair on Thursday in what was a rare public appearance since suffering a stroke last year that raised questions about stability in the North African OPEC oil-exporting state. The Algerian leader, 77 ...

Students add Easter twist to dwindling Venezuela protests

The religious-themed demonstrations are the latest tactics in anti-government protests since early February that have convulsed the South American OPEC nation and led to 41 deaths. But enthusiasm among opposition supporters for the street protests appears ...

OPEC says it has lost control of oil prices

Despite a pledge by OPEC ministers to increase oil production, don't expect much of a break on oil prices. With crude oil prices hitting a record $56 a barrel Wednesday, OPEC ministers meeting in Iran have been grappling with a problem they haven’t confr ...

Will OPEC output cuts go too far?

With drivers fuming at pump prices, and politicians scrambling for solutions, OPEC is standing firm with its plan to further squeeze already-tight world oil supplies. It’s not the first time OPEC has made such a move – only to see its members break ...

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OPEC Secretary General al-Badri answers to journalists before an OPEC ...

OPEC Secretary General al-Badri addresses a news conference after an ...

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OPEC : Home

Updated April. 17, 2014

OPEC (Organization of the Petroleum Exporting Countries) is an intergovernmental organization dedicated to stability in and shared control of the petroleum markets

OPEC - Wikipedia, the free encyclopedia

Updated April. 17, 2014

OPEC (/ ˈ oʊ p ɛ k / OH-pek) (Organization of the Petroleum Exporting Countries) is an oil cartel whose mission is to coordinate the policies of the oil-producing ...

OPEC : Member Countries

Updated April. 15, 2014

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 ...


Updated April. 17, 2014

OPEC News and analysis on Oil, Energy, Fuel, Petrol, Gas, Petroleum, Power and more. Searchable news in 44 languages from WorldNews Network and Archive