All the OPEC members unhappy with lower oil prices, but not all are struggling equally. "The 'spectrum of pain' is wide indeed," RBC Capital Markets' Global Head of Commodity Strategy Helima Croft ...

AFP / Ryad Kramdi (Photo credit should read RYAD KRAMDI/AFP via Getty Images) Earlier this year, OPEC ... cuts for members in the fall. However, with oil prices in steep decline, the group just ...

Iran, Kuwait and Libya called on fellow OPEC members on December 18th to reduce production at the group’s next formal gathering in order to correct the current supply imbalance. Iran’s OPEC ...

The intergovernmental organization — which has since expanded to 13 members across the Middle ... led many economists to describe OPEC as a cartel – a group of entities that agree to fix ...

opec 2008 2010 2012 2014 2016 -40 -20 0 20 40 60 80 100 % Note: OPEC members include Algeria, Angola, Ecuador, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates ...

Members of the Organisation ... export earnings of the 12-nation OPEC climbed to another peak of nearly $1.154 trillion in 2012, its highest level since the group was created more than four ...