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Organization of the Petroleum Exporting Countries (OPEC)
Jun 20, 2018 · The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains. ...more.
- 4 min
- 302.3K
- CNBC International
Delve into the captivating story of the Organization of the Petroleum Exporting Countries (OPEC) – a powerful alliance that has sculpted the global energy la...
- 6 min
- 319
- World Affairs Chronicles
Nov 26, 2014 · What is OPEC and who are the OPEC Members? CNBC's Phil Han takes an in-depth lookSubscribe to CNBC International: http://bit.ly/1eiWsDqLike us on CNBC's Face...
- 1 min
- 54.1K
- CNBC International
Oil-producing countries including Saudi Arabia and Russia agreed to cut production by a significant 2 million barrels a day to boost prices. The move is bein...
- 6 min
- 53.8K
- PBS NewsHour
Oct 3, 2022 · OPEC is the only oil producer in the world with the ability to pump more crude, he noted. That probably makes the oil group more powerful than it's ever been in its 60-year history, Currie...
People also ask
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Oct 5, 2022 · CNBC's Brian Sullivan joins 'The Exchange' to discuss the OPEC+ decision to cut oil production rates by 2 million barrels per day, despite a number of OPEC producers failing to meet their quota.
- 4 min
- 18.6K
- CNBC Television