Opec
Latest news, explainers and analysis on Opec. Tracking 2 stories on Arth Vani.
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Latest on Opec

OPEC Likely to Keep Oil Production Unchanged Next Month; Impact on Indian Fuel Prices
Key OPEC+ members are expected to maintain their current crude oil production quotas for the upcoming month, a decision anticipated during their meeting this weekend. This move suggests a continuation of the existing supply strategy, which could mean no immediate relief for global crude oil prices and, consequently, for Indian fuel costs.
BreakingVenezuela Considers Exiting OPEC After Decades, Signalling Shift in Global Oil Market
Venezuela, a founding member of the Organization of the Petroleum Exporting Countries (OPEC), is reportedly considering leaving the oil cartel it helped establish over six decades ago. This potential move could significantly alter global oil supply dynamics and marks a strategic pivot towards deeper economic ties with the United States.
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