Organization of the Petroleum Exporting Countries OPEC
In 2019, 79.1% of the world’s oil reserves were located in OPEC-member countries. OPEC’s decisions have a significant impact on future oil prices, so it’s important to learn how it works. OPEC’s headquarters, first located in Geneva, was moved to Vienna in 1965. Market information Gabon, which had joined in 1975, withdrew in January 1995 but rejoined in […]
