OPEC Accelerates Oil Output Hikes: 548,000 BPD Added in August
Introduction to OPEC’s Production Decisions The Organization of the Petroleum Exporting Countries (OPEC) plays a pivotal role in the global oil market, acting as a consortium of some of the world’s leading oil-exporting nations. Established in 1960, OPEC’s primary objective is to coordinate and unify petroleum policies among member countries to ensure the stabilization of … Read more