What Is the Structure of OPEC? Headquartered in Vienna, Austria, the organization has three primary organs: the Conference, the Board of Governors and the Secretariat. The Conference is OPEC’s ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth ...

The measure will come into effect in May and last until the end of this year. OPEC Wednesday announced that oil pumping in Venezuela in November reached 697.000 bpd. But one country's increase in ...