In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
Asharq Al-Awsat on MSN2d
OPEC+ Speeds Up Oil Output HikesEight OPEC+ countries agreed on Thursday to advance their plan to phase out oil output cuts by increasing output by 411,000 ...
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