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  • OPEC chief stresses energy cooperation with China

    The head of the Organization of the Petroleum Exporting Countries (OPEC) has highlighted the organization's "interconnectedness" with China in the energy field and called for further enhancing energy cooperation with the world's second-largest economy.

    March21,2024



  • OPEC oil output rises in June

    OPEC oil output keep rising as Libya and Nigeria pumped more oil in June, the monthly report of the oil cartel showed on Wednesday.

    July13,2017


  • OPEC pumps more oil in May

    OPEC oil output increased in May despite the agreement on output cut last month, the cartel's report showed on Tuesday.

    June14,2017


  • OPEC, Non-OPEC oil producers extend oil output cut by 9 months

    The Organization of the Petroleum Exporting Countries (OPEC) and Non-OPEC states on Thursday decided to extend the joint oil output cut by nine months to rebalance the global oil market after the ministerial meetings in Vienna.

    May26,2017


  • OPEC’s Challenge

    In September, in a concerted effort to stem the fall in oil prices and accelerate the rebalancing of the global market, the Organization for Petroleum Exporting Countries (OPEC) announced the “Algiers Accord.”

    December05,2016


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