OPEC Meeting

• OPEC+ sticks to oil output plan despite Omicron uncertainty  

  Officials from OPEC countries, led by Saudi Arabia, and their allies, led by Russia, voted to stick with a pre-Omicron pattern of steady, modest monthly increases in oil releases.

  Economy

  Dec 2, 2021
  
• OPEC+ ignores Biden’s plea for faster oil output as energy prices soar

  After the OPEC+ decision, the White House said Washington would consider a full range of tools at its disposal to guarantee access to affordable energy.

  Economy

  Nov 4, 2021
  
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• OPEC, Russia expected to cut oil production despite pressure from Trump

  OPEC's de facto leader, Saudi Arabia, has indicated a need for steep oil output reductions beginning in January, fearing a glut.

  World

  Dec 5, 2018
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• Qatar to quit Saudi Arabia-dominated OPEC amid rift with kingdom

  Qatar announced Monday it will withdraw from OPEC in January, a rebuke of the Saudi-dominated cartel ahead of a crucial meeting of the group later this week.

  World

  Dec 3, 2018
• OPEC tries to boost oil prices by extending production cuts through 2018

  The crude output cuts are intended to keep supplies tight and bolster prices.

  World

  Nov 30, 2017
• OPEC oil ministers to meet in September

  OPEC has announced that oil ministers of the 14-nation organization will meet in September, well ahead of their previously scheduled November meeting.

  Economy

  Aug 8, 2016