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     What is OPEC? | CNBC Explains

     Jun 20, 2018

     302.3K Views

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     What is OPEC? | CNBC International

     Nov 26, 2014

     54.1K Views

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     OPEC: The Cartel Controlling the World's Oil

     Dec 13, 2022

     105.2K Views

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     Cheap and deadly: Inside Canada's opioid crisis

     Nov 6, 2017

     427.4K Views

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     Organization of the Petroleum Exporting Countries, OPEC+ - History, Objectives, OPEC Fund & Impact

     Nov 28, 2020

     53.9K Views

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     29:16

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     Crisis of Distrust: Police and Community in Toronto

     Apr 26, 2014

     67K Views

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     YOUTUBE EYE DOCTOR: Good Optometry Morning Youtube Optometrist and Winnipeg Optometrist

     Nov 17, 2020

     7.5K Views

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     29:44

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     ‘Canada is not broken’: Chretien speaks at Liberal convention | FULL SPEECH

     May 5, 2023

     43K Views

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     'Canada is not broken': PM Trudeau goes after Poilievre

     Dec 15, 2022

     49.6K Views

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2. www.youtube.com › watchOil Price Collapses: Is This The End Of OPEC? - YouTube

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   Sign up for an IRA with iTrust today using this link: https://itrust.capital/DavidDoomberg analyzes recent oil price trends, geopolitical factors for the ene...

   • Video Duration: 50 min
   • Views: 75K

   • Author: David Lin

3. www.youtube.com › watchWhat is OPEC? | CNBC Explains - YouTube

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   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...

   • Video Duration: 4 min
   • Views: 302.3K

   • Author: CNBC International

4. www.youtube.com › watchThe Truth About OPEC: How It Shapes Oil Prices and ... - YouTube

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   In this video, we delve into the secrets and inner workings of OPEC, the organization that controls a significant portion of the world's oil supply. We explo...

   • Video Duration: 22 min
   • Views: 186

   • Author: Curio51ty

5. www.youtube.com › watchHow the OPEC Plus production cuts will impact the ... - YouTube

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   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...

   • Video Duration: 6 min
   • Views: 53.8K

   • Author: PBS NewsHour

6. www.youtube.com › watchWhy the US thinks OPEC lends Russia a hand | DW News - YouTube

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   At its monthly meeting this week, the OPEC cartel and its allies, which include Russia, moved to cut their combined daily production of crude oil by 2 millio...

   • Video Duration: 5 min
   • Views: 149.6K

   • Author: DW News

7. www.youtube.com › watchWhat is OPEC? | CNBC International - YouTube

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   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...

   • Video Duration: 1 min
   • Views: 54.1K

   • Author: CNBC International

8. People also ask

   Why did OPEC reduce oil production?

   • After that development, OPEC+ reduced oil production by 10 million barrels a day, which is equivalent to about 10 per cent of global production, to try to bolster prices. OPEC+ to release more oil. OPEC says its job is to regulate supply and demand rather than prices.

   What is OPEC and how does it affect oil prices?

   globalnews.ca/news/10522634/what-is-opec-and-how-does-it-affect-oil-prices/

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   Will OPEC+ release more oil?

   • OPEC+ to release more oil. OPEC says its job is to regulate supply and demand rather than prices. The group’s members depend heavily on oil revenue, with Saudi Arabia’s budget balancing at an oil price of between $90 and $100 a barrel, according to various estimates.

   What is OPEC and how does it affect oil prices?

   globalnews.ca/news/10522634/what-is-opec-and-how-does-it-affect-oil-prices/

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   Will OPEC's joint oil production policy affect global oil prices?

   • Members of the The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia will meet next week (June 2, 2024) to discuss their joint oil production policy, which could have a impact on global oil prices. Jakub Porzycki/NurPhoto via Getty Images

   What is OPEC and how does it affect oil prices?

   globalnews.ca/news/10522634/what-is-opec-and-how-does-it-affect-oil-prices/

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   How does OPEC affect global oil prices?

   • Because of its large market share, the decisions OPEC makes can affect global oil prices. Its members meet regularly to decide how much oil to sell on global markets. As a result, when they lower supply in response to falling demand, oil prices tend to rise. Prices tend to fall when the group decides to supply more oil to the market.

   What is OPEC and how does it affect oil prices?

   globalnews.ca/news/10522634/what-is-opec-and-how-does-it-affect-oil-prices/

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   How much oil does OPEC+ produce a day?

   • OPEC+ crude output represents about 41 per cent of global oil production. The group’s main objective is to regulate the supply of oil to the global market. The leaders are Saudi Arabia and Russia, which produce and 9 million and 9.3 million barrels per day (bpd) of oil respectively.

   What is OPEC and how does it affect oil prices?

   globalnews.ca/news/10522634/what-is-opec-and-how-does-it-affect-oil-prices/

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   What is OPEC & why is it important?

   • OPEC was founded in 1960 in Baghdad by Iraq, Iran, Kuwait, Saudi Arabia and Venezuela with an aim of coordinating petroleum policies and securing fair and stable prices. Now it includes 12 countries, mainly from the Middle East and Africa, accounting for about 30 per cent of the world’s oil.

   What is OPEC and how does it affect oil prices?

   globalnews.ca/news/10522634/what-is-opec-and-how-does-it-affect-oil-prices/

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9. globalnews.ca › news › 10522634What is OPEC and how does it affect oil prices?

   globalnews.ca › news › 10522634

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   May 24, 2024 · The members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies including Russia will meet on June 2 to discuss their joint oil production policy.