in taking orders from OPEC headquarters about how much oil they can produce.” What Is the Structure of OPEC? Headquartered in Vienna, Austria, the organization has three primary organs ...

The group’s members have shown a lack of confidence in the Vienna-based secretariat’s forecasts. Led by Saudi Arabia, OPEC ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month ...

epa09991729 The Organisation of Petroleum Exporting Countries (OPEC) headquarters in Vienna, Austria EPA-EFE/CHRISTIAN BRUNA The OPEC+ is set to meet on Wednesday (3 August) amid market ...

OPEC said earlier the participating countries would hold the first offline meeting in OPEC headquarters in Vienna on October 5 MOSCOW, October 3. /TASS/. The meeting of the OPEC+ Joint Technical ...

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

OPEC has lowered its forecast for global oil demand growth for the fourth consecutive time. The organization now predicts ...