opec
oh pek
- n an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
opec :
Search Words
News & Articles
- OPEC Boosts Oil Production to Seven-Month High in May, IEA Says
OPEC boosted crude oil production to a seven-month high last month as output increased from Saudi Arabia, Iran, the United Arab Emirates and Kuwait, according to the International Energy Agency.
June 12, 2013 - Bloomberg - OPEC Warns on Demand
OPEC Warns on Demand
June 11, 2013 - Nasdaq - OPEC Still Sees Higher Oil Demand
OPEC predicted world oil demand will grow more quickly in the rest of 2013, and the group can meet it by pumping more oil.
June 11, 2013 - CNBC
Quotes
- Dana Perino in Forbes
The president said there's a hope, as a result of these conversations, that OPEC would be encouraged to authorize an increase in production,Perino told reporters on Air Force One before it landed in Egypt. - President Bush in Washington Post
My advice to OPEC is understand the consequences of high energy prices,Bush said after an Oval Office meeting with Jordan's King Abdullah II. - Charles Schumer in News 10NBC
It's galling to think that taxpayers' stimulus checks will be lining the pockets of OPEC. The sad truth is that the average American family will spend almost their entire stimulus check on higher gas prices this year,said Sen. Charles...