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vp.playFromPlaylist(pls[pls.length-1]); vp.playVideo(); scrollToPlaylistPosition(vp); }); return true; } } if(playQueue){ playQueueUpdate(); vp.playVideo(); parsed = true; playShouldStart = 0; } } if(previewMode){ var vids = []; var dur = 0; var pl = vp.getActualPlaylist(); area = parts[0]; if(parts.length == 1 && matchPosition(parts[0])){ vids = parseDash('1-'+pl.length); dur = parsePosition(parts[0]); parts = []; }else if(parts.length == 1 && matchDash(parts[0])){ vids = parseDash(parts[0]); dur = parsePosition("999:59"); parts = []; } if(parts.length == 2 && matchDash(parts[0]) && matchPosition(parts[1])){ vids = parseDash(parts[0]); dur = parsePosition(parts[1]); parts = []; } for(var i = 0; i < vids.length; i++){ playQueue.push({ 'video': pl[vids[i]-1], 'start': 0, 'stop': dur }) } if(playQueue){ playQueueUpdate(); vp.playVideo(); parsed = true; } } if(parts.length>1){ for(var i = 0; i < parts.length; i++){ var sel = findMatchingVideo(vp, parts[i]); if(sel){ playQueue.push({ 'video': sel, 'start': 0, 'stop': null }) } } if(playQueue){ playQueueUpdate(); 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  Opec

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• OPEC

OPEC

Organization of the Petroleum Exporting Countries (OPEC, /ˈoʊpɛk/ OH-pek) is an intergovernmental organization of 13 petroleum-exporting nations, founded in 1960 by the first five members, and headquartered since 1965 in Vienna, Austria. The 13 countries account for 40% of global oil production and 73% of the world's "proven" oil reserves, making OPEC a major influence on global oil prices.

OPEC's stated mission is "to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry." As of 2016, OPEC's members are Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia (the de facto leader), United Arab Emirates, and Venezuela. Two-thirds of OPEC's oil production and reserves are in its six Middle Eastern countries that surround the oil-rich Persian Gulf.

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This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/OPEC

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Email this Page Play all in Full Screen Show More Related Videos

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  published: 20 Jun 2018
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3:56

What is OPEC? | CNBC Explains

• Order: Reorder
• Duration: 3:56
• Uploaded Date: 20 Jun 2018
• views: 311297

The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. C...

The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi

https://wn.com/What_Is_Opec_|_Cnbc_Explains

The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi

• published: 20 Jun 2018
• views: 311297

11:55

Jeff Currie on Trump, Crypto, Oil Prices, AI Energy Demand

• Order: Reorder
• Duration: 11:55
• Uploaded Date: 29 Jan 2025
• views: 13662

Jeff Currie, chief strategy officer of Carlyle Group’s Energy Pathways and veteran commodities analyst, says OPEC+ has "plenty of room to restart supply in Apri...

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https://wn.com/Jeff_Currie_On_Trump,_Crypto,_Oil_Prices,_Ai_Energy_Demand

Jeff Currie, chief strategy officer of Carlyle Group’s Energy Pathways and veteran commodities analyst, says OPEC+ has "plenty of room to restart supply in April." Amid this week's news on Chinese AI start-up DeepSeek, Currie says energy demand for artificial intelligence is yet to come as markets weigh the implications of the global race for AI supremacy. "Even 2-3% of growth in power demand [in Europe and the US] is enough to start to create a serious problem," he says. Currie appears on "The Pulse with Francine Lacqua" on Bloomberg TV. Chapters: 00:00:00 - Currie on Trump's oil and gas policy, tariffs, OPEC 00:03:58 - Currie on oil market outlook 00:05:46 - Currie on AI energy demand, crypto, cloud-computing 00:07:39 - Currie on global energy infrastructure, commodities market -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

• published: 29 Jan 2025
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0:25

Trump tells OPEC to lower oil prices in address to World Economic Forum | VOA News

• Order: Reorder
• Duration: 0:25
• Uploaded Date: 23 Jan 2025
• views: 18490

President Donald Trump on Thursday told business leaders at the World Economic Forum in Davos, Switzerland, that he will be requesting Saudi Arabia invest $1 tr...

President Donald Trump on Thursday told business leaders at the World Economic Forum in Davos, Switzerland, that he will be requesting Saudi Arabia invest $1 trillion in the United States. https://www.voanews.com/a/trump-signals-aggressive-stance-as-us-races-china-in-ai-development/7947068.html » Subscribe to VOA News: https://bit.ly/3KIPysi » Watch more VOA News video: https://www.youtube.com/c/VOANews Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in nearly 50 languages to an estimated weekly audience of more than 354 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of more than 3,500 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: https://www.voanews.com » LIKE OUR FACEBOOK PAGE: https://www.facebook.com/voanews » FOLLOW US ON INSTAGRAM: https://www.instagram.com/voanews » FOLLOW US ON TWITTER: https://twitter.com/VOANews » FOLLOW US ON THREADS: https://www.threads.net/@voanews #news #voanews

https://wn.com/Trump_Tells_Opec_To_Lower_Oil_Prices_In_Address_To_World_Economic_Forum_|_Voa_News

President Donald Trump on Thursday told business leaders at the World Economic Forum in Davos, Switzerland, that he will be requesting Saudi Arabia invest $1 trillion in the United States. https://www.voanews.com/a/trump-signals-aggressive-stance-as-us-races-china-in-ai-development/7947068.html » Subscribe to VOA News: https://bit.ly/3KIPysi » Watch more VOA News video: https://www.youtube.com/c/VOANews Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in nearly 50 languages to an estimated weekly audience of more than 354 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of more than 3,500 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: https://www.voanews.com » LIKE OUR FACEBOOK PAGE: https://www.facebook.com/voanews » FOLLOW US ON INSTAGRAM: https://www.instagram.com/voanews » FOLLOW US ON TWITTER: https://twitter.com/VOANews » FOLLOW US ON THREADS: https://www.threads.net/@voanews #news #voanews

• published: 23 Jan 2025
• views: 18490

2:00

Explained: OPEC

• Order: Reorder
• Duration: 2:00
• Uploaded Date: 23 Nov 2016
• views: 46793

Not sure what OPEC is? You're not alone. Here's everything you need to know about the Organization of Petroleum Exporting Countries (OPEC).

Not sure what OPEC is? You're not alone. Here's everything you need to know about the Organization of Petroleum Exporting Countries (OPEC).

https://wn.com/Explained_Opec

Not sure what OPEC is? You're not alone. Here's everything you need to know about the Organization of Petroleum Exporting Countries (OPEC).

• published: 23 Nov 2016
• views: 46793

4:42

What Is OPEC?

• Order: Reorder
• Duration: 4:42
• Uploaded Date: 15 Mar 2023
• views: 5958

It’s been around for 60 years. It’s one of the world’s most influential nongovernmental institutions. And it affects billions of people, in one way or another. ...

It’s been around for 60 years. It’s one of the world’s most influential nongovernmental institutions. And it affects billions of people, in one way or another. But much about OPEC — the Organization of the Petroleum Exporting Countries — is (forgive the pun) opaque. Or at least it’s poorly understood. And so this seemed a good candidate for Grid’s regular “No Dumb Questions” series: “What is OPEC?” For one thing, it’s a six-decade-old organization, founded by a handful of major oil producers who felt that too much of the power and influence in the oil sector rested with big oil companies. A founding principle of OPEC was that the nations that sit atop great reserves of petroleum should have control over how much is brought up from the ground and shared in the global market. The group also said then — and still maintains — that it exists to ensure stability in the market for one of the world’s most important commodities. As Grid’s Global Editor Tom Nagorski notes, that’s not a universal view. As OPEC has grown and its influence has increased, many nations outside OPEC have been critical of the group, calling OPEC a “cartel,” and suggesting its members care more about power and profit than market stability. Meanwhile, President Joe Biden is only the latest on a long list of U.S. presidents to plead with OPEC leaders to boost production to bring down the price of gas. Biden went to Saudi Arabia last year to do just that; it didn’t work. Subscribe to GRID here: https://bit.ly/3rskfJU Subscribe to our newsletters: https://www.grid.news/newsletters/ Listen to our Bad Takes podcast here: https://www.grid.news/podcasts/ Follow GRID here: Twitter: https://twitter.com/gridnews Facebook: https://www.facebook.com/GridDotNews Instagram: https://www.instagram.com/gridnews/ Flipboard: https://flipboard.com/@GridNews Apple News: https://apple.news/ThkiPJ1F4Tn2LgbQz2zzCng LinkedIn: https://www.linkedin.com/company/gridnews/ #global #politics #opec

https://wn.com/What_Is_Opec

It’s been around for 60 years. It’s one of the world’s most influential nongovernmental institutions. And it affects billions of people, in one way or another. But much about OPEC — the Organization of the Petroleum Exporting Countries — is (forgive the pun) opaque. Or at least it’s poorly understood. And so this seemed a good candidate for Grid’s regular “No Dumb Questions” series: “What is OPEC?” For one thing, it’s a six-decade-old organization, founded by a handful of major oil producers who felt that too much of the power and influence in the oil sector rested with big oil companies. A founding principle of OPEC was that the nations that sit atop great reserves of petroleum should have control over how much is brought up from the ground and shared in the global market. The group also said then — and still maintains — that it exists to ensure stability in the market for one of the world’s most important commodities. As Grid’s Global Editor Tom Nagorski notes, that’s not a universal view. As OPEC has grown and its influence has increased, many nations outside OPEC have been critical of the group, calling OPEC a “cartel,” and suggesting its members care more about power and profit than market stability. Meanwhile, President Joe Biden is only the latest on a long list of U.S. presidents to plead with OPEC leaders to boost production to bring down the price of gas. Biden went to Saudi Arabia last year to do just that; it didn’t work. Subscribe to GRID here: https://bit.ly/3rskfJU Subscribe to our newsletters: https://www.grid.news/newsletters/ Listen to our Bad Takes podcast here: https://www.grid.news/podcasts/ Follow GRID here: Twitter: https://twitter.com/gridnews Facebook: https://www.facebook.com/GridDotNews Instagram: https://www.instagram.com/gridnews/ Flipboard: https://flipboard.com/@GridNews Apple News: https://apple.news/ThkiPJ1F4Tn2LgbQz2zzCng LinkedIn: https://www.linkedin.com/company/gridnews/ #global #politics #opec

• published: 15 Mar 2023
• views: 5958

0:23

Trump: OPEC can end Ukraine conflict by cutting oil prices

• Order: Reorder
• Duration: 0:23
• Uploaded Date: 25 Jan 2025
• views: 21162

President Donald Trump, in his first days in office, has focused on the OPEC+ alliance of oil-exporting countries, claiming it has kept oil prices too high duri...

President Donald Trump, in his first days in office, has focused on the OPEC+ alliance of oil-exporting countries, claiming it has kept oil prices too high during the nearly three-year conflict in Ukraine. “One way to stop it quickly is for OPEC to stop making so much money. And they drop the price of oil because they have it nice and high,” Trump said Friday during a visit to Western North Carolina. #Trump #DonaldTrump #Ukraine #Putin #oil #opec

https://wn.com/Trump_Opec_Can_End_Ukraine_Conflict_By_Cutting_Oil_Prices

President Donald Trump, in his first days in office, has focused on the OPEC+ alliance of oil-exporting countries, claiming it has kept oil prices too high during the nearly three-year conflict in Ukraine. “One way to stop it quickly is for OPEC to stop making so much money. And they drop the price of oil because they have it nice and high,” Trump said Friday during a visit to Western North Carolina. #Trump #DonaldTrump #Ukraine #Putin #oil #opec

• published: 25 Jan 2025
• views: 21162

4:14

What is OPEC?

• Order: Reorder
• Duration: 4:14
• Uploaded Date: 06 Jan 2023
• views: 5079

Video made possible thanks to AI voice generator Eleven Labs, https://elevenlabs.io/?from=josephalexandernordqvistcantoral8044 OPEC, which stands for the Organ...

Video made possible thanks to AI voice generator Eleven Labs, https://elevenlabs.io/?from=josephalexandernordqvistcantoral8044 OPEC, which stands for the Organization of the Petroleum Exporting Countries, is an economic cartel that aims to control the global oil & gas market. Read more: https://marketbusinessnews.com/financial-glossary/opec/ Join this channel to get access to perks: https://www.youtube.com/channel/UCI8Xs2oPTMb9DkuYsEqCnnQ/join

https://wn.com/What_Is_Opec

Video made possible thanks to AI voice generator Eleven Labs, https://elevenlabs.io/?from=josephalexandernordqvistcantoral8044 OPEC, which stands for the Organization of the Petroleum Exporting Countries, is an economic cartel that aims to control the global oil & gas market. Read more: https://marketbusinessnews.com/financial-glossary/opec/ Join this channel to get access to perks: https://www.youtube.com/channel/UCI8Xs2oPTMb9DkuYsEqCnnQ/join

• published: 06 Jan 2023
• views: 5079

10:05

OPEC: The Cartel Controlling the World's Oil

• Order: Reorder
• Duration: 10:05
• Uploaded Date: 13 Dec 2022
• views: 107767

Sign up for a CuriosityStream subscription and also get a FREE Nebula subscription (the streaming platform built by creators): http://CuriosityStream.com/TLDRgl...

Sign up for a CuriosityStream subscription and also get a FREE Nebula subscription (the streaming platform built by creators): http://CuriosityStream.com/TLDRglobal TLDR Daily: https://youtube.com/tldrdaily Oil is one of the world's most important commodities, and as such, it's unsurprising that those in control of it might want to protect that power. OPEC is their attempt to do this, controlling oil markers and capturing major political power 💬 Twitter: https://twitter.com/tldrnewsglobal 📸 Instagram: http://www.instagram.com/tldrnewsglobal 🎞 TikTok: https://www.tiktok.com/@tldrnews 🗣 Discord: https://tldrnews.co.uk/discord 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding TLDR Store: https://www.tldrnews.co.uk/store TLDR TeeSpring Store: https://teespring.com/stores/tldr-spring Learn About Our Funding: https://tldrnews.co.uk/funding TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

https://wn.com/Opec_The_Cartel_Controlling_The_World's_Oil

Sign up for a CuriosityStream subscription and also get a FREE Nebula subscription (the streaming platform built by creators): http://CuriosityStream.com/TLDRglobal TLDR Daily: https://youtube.com/tldrdaily Oil is one of the world's most important commodities, and as such, it's unsurprising that those in control of it might want to protect that power. OPEC is their attempt to do this, controlling oil markers and capturing major political power 💬 Twitter: https://twitter.com/tldrnewsglobal 📸 Instagram: http://www.instagram.com/tldrnewsglobal 🎞 TikTok: https://www.tiktok.com/@tldrnews 🗣 Discord: https://tldrnews.co.uk/discord 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding TLDR Store: https://www.tldrnews.co.uk/store TLDR TeeSpring Store: https://teespring.com/stores/tldr-spring Learn About Our Funding: https://tldrnews.co.uk/funding TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

• published: 13 Dec 2022
• views: 107767

9:04

OPEC Oil Crisis 1973 and Israel-Arab War Explained

• Order: Reorder
• Duration: 9:04
• Uploaded Date: 14 Jun 2023
• views: 48099

Step back in time and explore the monumental OPEC oil crisis of 1973 due to the Israel-Arab War. Delve into the intricate web of events that unfolded, ultimatel...

Step back in time and explore the monumental OPEC oil crisis of 1973 due to the Israel-Arab War. Delve into the intricate web of events that unfolded, ultimately reshaping the global economic landscape. Discover the underlying causes behind the crisis, including OPEC's oil embargo in response to the Yom Kippur War, and witness its far-reaching consequences. #opecoilcrisis #middleeasthistory #YomKippurWar

https://wn.com/Opec_Oil_Crisis_1973_And_Israel_Arab_War_Explained

Step back in time and explore the monumental OPEC oil crisis of 1973 due to the Israel-Arab War. Delve into the intricate web of events that unfolded, ultimately reshaping the global economic landscape. Discover the underlying causes behind the crisis, including OPEC's oil embargo in response to the Yom Kippur War, and witness its far-reaching consequences. #opecoilcrisis #middleeasthistory #YomKippurWar

• published: 14 Jun 2023
• views: 48099

6:43

Iran sanctions, OPEC cuts: Top oil market drivers for 2025

• Order: Reorder
• Duration: 6:43
• Uploaded Date: 31 Dec 2024
• views: 3500

Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energ...

Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energy analyst Leo Mariani and S&P Global Commodity Insights head of global oil Richard Joswick join Catalysts to discuss their oil market outlooks. Mariani identifies three key factors driving the oil market heading into the new year: potential increased sanctions, modest improvements in Middle Eastern selling prices, and OPEC countries planning "to make up for that in the first part of '25 with some compensatory production cuts" to address previous overproduction. "The key thing is that non-OPEC plus production is growing faster than the demand for oil," Joswick explains. He adds, "Even if we have a cutback in some other areas, it's still likely that we're going to have more supply coming onto the market than there is the demand for that crude oil, and that means inventories are likely to build," suggesting downward pressure on oil prices in the near term. Amid rising geopolitical tensions, Mariani emphasizes Iran as the key country to watch, noting the incoming Trump administration's focus on "significant economic sanctions" against the nation, warning "there could be a lot to lose" if these sanctions take effect. Watch the video above for their complete analysis of oil prices and the potential impact of Trump administration tariffs on the oil market. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

https://wn.com/Iran_Sanctions,_Opec_Cuts_Top_Oil_Market_Drivers_For_2025

Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energy analyst Leo Mariani and S&P Global Commodity Insights head of global oil Richard Joswick join Catalysts to discuss their oil market outlooks. Mariani identifies three key factors driving the oil market heading into the new year: potential increased sanctions, modest improvements in Middle Eastern selling prices, and OPEC countries planning "to make up for that in the first part of '25 with some compensatory production cuts" to address previous overproduction. "The key thing is that non-OPEC plus production is growing faster than the demand for oil," Joswick explains. He adds, "Even if we have a cutback in some other areas, it's still likely that we're going to have more supply coming onto the market than there is the demand for that crude oil, and that means inventories are likely to build," suggesting downward pressure on oil prices in the near term. Amid rising geopolitical tensions, Mariani emphasizes Iran as the key country to watch, noting the incoming Trump administration's focus on "significant economic sanctions" against the nation, warning "there could be a lot to lose" if these sanctions take effect. Watch the video above for their complete analysis of oil prices and the potential impact of Trump administration tariffs on the oil market. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

• published: 31 Dec 2024
• views: 3500

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  3:56

  What is OPEC? | CNBC Explainsremove from playlistshare this video

  What is OPEC? | CNBC Explains

  • Report rights infringement
  • published: 20 Jun 2018
  • views: 311297

  The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi

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  11:55

  Jeff Currie on Trump, Crypto, Oil Prices, AI Energy Demandremove from playlistshare this video

  Jeff Currie on Trump, Crypto, Oil Prices, AI Energy Demand

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  • published: 29 Jan 2025
  • views: 13662

  Jeff Currie, chief strategy officer of Carlyle Group’s Energy Pathways and veteran commodities analyst, says OPEC+ has "plenty of room to restart supply in April." Amid this week's news on Chinese AI start-up DeepSeek, Currie says energy demand for artificial intelligence is yet to come as markets weigh the implications of the global race for AI supremacy. "Even 2-3% of growth in power demand [in Europe and the US] is enough to start to create a serious problem," he says. Currie appears on "The Pulse with Francine Lacqua" on Bloomberg TV. Chapters: 00:00:00 - Currie on Trump's oil and gas policy, tariffs, OPEC 00:03:58 - Currie on oil market outlook 00:05:46 - Currie on AI energy demand, crypto, cloud-computing 00:07:39 - Currie on global energy infrastructure, commodities market -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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  0:25

  Trump tells OPEC to lower oil prices in address to World Economic Forum | VOA Newsremove from playlistshare this video

  Trump tells OPEC to lower oil prices in address to World Economic Forum | VOA News

  • Report rights infringement
  • published: 23 Jan 2025
  • views: 18490

  President Donald Trump on Thursday told business leaders at the World Economic Forum in Davos, Switzerland, that he will be requesting Saudi Arabia invest $1 trillion in the United States. https://www.voanews.com/a/trump-signals-aggressive-stance-as-us-races-china-in-ai-development/7947068.html » Subscribe to VOA News: https://bit.ly/3KIPysi » Watch more VOA News video: https://www.youtube.com/c/VOANews Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in nearly 50 languages to an estimated weekly audience of more than 354 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of more than 3,500 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: https://www.voanews.com » LIKE OUR FACEBOOK PAGE: https://www.facebook.com/voanews » FOLLOW US ON INSTAGRAM: https://www.instagram.com/voanews » FOLLOW US ON TWITTER: https://twitter.com/VOANews » FOLLOW US ON THREADS: https://www.threads.net/@voanews #news #voanews

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  2:00

  Explained: OPECremove from playlistshare this video

  Explained: OPEC

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  • published: 23 Nov 2016
  • views: 46793

  Not sure what OPEC is? You're not alone. Here's everything you need to know about the Organization of Petroleum Exporting Countries (OPEC).

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  4:42

  What Is OPEC?remove from playlistshare this video

  What Is OPEC?

  • Report rights infringement
  • published: 15 Mar 2023
  • views: 5958

  It’s been around for 60 years. It’s one of the world’s most influential nongovernmental institutions. And it affects billions of people, in one way or another. But much about OPEC — the Organization of the Petroleum Exporting Countries — is (forgive the pun) opaque. Or at least it’s poorly understood. And so this seemed a good candidate for Grid’s regular “No Dumb Questions” series: “What is OPEC?” For one thing, it’s a six-decade-old organization, founded by a handful of major oil producers who felt that too much of the power and influence in the oil sector rested with big oil companies. A founding principle of OPEC was that the nations that sit atop great reserves of petroleum should have control over how much is brought up from the ground and shared in the global market. The group also said then — and still maintains — that it exists to ensure stability in the market for one of the world’s most important commodities. As Grid’s Global Editor Tom Nagorski notes, that’s not a universal view. As OPEC has grown and its influence has increased, many nations outside OPEC have been critical of the group, calling OPEC a “cartel,” and suggesting its members care more about power and profit than market stability. Meanwhile, President Joe Biden is only the latest on a long list of U.S. presidents to plead with OPEC leaders to boost production to bring down the price of gas. Biden went to Saudi Arabia last year to do just that; it didn’t work. Subscribe to GRID here: https://bit.ly/3rskfJU Subscribe to our newsletters: https://www.grid.news/newsletters/ Listen to our Bad Takes podcast here: https://www.grid.news/podcasts/ Follow GRID here: Twitter: https://twitter.com/gridnews Facebook: https://www.facebook.com/GridDotNews Instagram: https://www.instagram.com/gridnews/ Flipboard: https://flipboard.com/@GridNews Apple News: https://apple.news/ThkiPJ1F4Tn2LgbQz2zzCng LinkedIn: https://www.linkedin.com/company/gridnews/ #global #politics #opec

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  0:23

  Trump: OPEC can end Ukraine conflict by cutting oil pricesremove from playlistshare this video

  Trump: OPEC can end Ukraine conflict by cutting oil prices

  • Report rights infringement
  • published: 25 Jan 2025
  • views: 21162

  President Donald Trump, in his first days in office, has focused on the OPEC+ alliance of oil-exporting countries, claiming it has kept oil prices too high during the nearly three-year conflict in Ukraine. “One way to stop it quickly is for OPEC to stop making so much money. And they drop the price of oil because they have it nice and high,” Trump said Friday during a visit to Western North Carolina. #Trump #DonaldTrump #Ukraine #Putin #oil #opec

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  4:14

  What is OPEC?remove from playlistshare this video

  What is OPEC?

  • Report rights infringement
  • published: 06 Jan 2023
  • views: 5079

  Video made possible thanks to AI voice generator Eleven Labs, https://elevenlabs.io/?from=josephalexandernordqvistcantoral8044 OPEC, which stands for the Organization of the Petroleum Exporting Countries, is an economic cartel that aims to control the global oil & gas market. Read more: https://marketbusinessnews.com/financial-glossary/opec/ Join this channel to get access to perks: https://www.youtube.com/channel/UCI8Xs2oPTMb9DkuYsEqCnnQ/join

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  10:05

  OPEC: The Cartel Controlling the World's Oilremove from playlistshare this video

  OPEC: The Cartel Controlling the World's Oil

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  • published: 13 Dec 2022
  • views: 107767

  Sign up for a CuriosityStream subscription and also get a FREE Nebula subscription (the streaming platform built by creators): http://CuriosityStream.com/TLDRglobal TLDR Daily: https://youtube.com/tldrdaily Oil is one of the world's most important commodities, and as such, it's unsurprising that those in control of it might want to protect that power. OPEC is their attempt to do this, controlling oil markers and capturing major political power 💬 Twitter: https://twitter.com/tldrnewsglobal 📸 Instagram: http://www.instagram.com/tldrnewsglobal 🎞 TikTok: https://www.tiktok.com/@tldrnews 🗣 Discord: https://tldrnews.co.uk/discord 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding TLDR Store: https://www.tldrnews.co.uk/store TLDR TeeSpring Store: https://teespring.com/stores/tldr-spring Learn About Our Funding: https://tldrnews.co.uk/funding TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

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  OPEC Oil Crisis 1973 and Israel-Arab War Explainedremove from playlistshare this video

  OPEC Oil Crisis 1973 and Israel-Arab War Explained

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  • published: 14 Jun 2023
  • views: 48099

  Step back in time and explore the monumental OPEC oil crisis of 1973 due to the Israel-Arab War. Delve into the intricate web of events that unfolded, ultimately reshaping the global economic landscape. Discover the underlying causes behind the crisis, including OPEC's oil embargo in response to the Yom Kippur War, and witness its far-reaching consequences. #opecoilcrisis #middleeasthistory #YomKippurWar

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  6:43

  Iran sanctions, OPEC cuts: Top oil market drivers for 2025remove from playlistshare this video

  Iran sanctions, OPEC cuts: Top oil market drivers for 2025

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  • published: 31 Dec 2024
  • views: 3500

  Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energy analyst Leo Mariani and S&P Global Commodity Insights head of global oil Richard Joswick join Catalysts to discuss their oil market outlooks. Mariani identifies three key factors driving the oil market heading into the new year: potential increased sanctions, modest improvements in Middle Eastern selling prices, and OPEC countries planning "to make up for that in the first part of '25 with some compensatory production cuts" to address previous overproduction. "The key thing is that non-OPEC plus production is growing faster than the demand for oil," Joswick explains. He adds, "Even if we have a cutback in some other areas, it's still likely that we're going to have more supply coming onto the market than there is the demand for that crude oil, and that means inventories are likely to build," suggesting downward pressure on oil prices in the near term. Amid rising geopolitical tensions, Mariani emphasizes Iran as the key country to watch, noting the incoming Trump administration's focus on "significant economic sanctions" against the nation, warning "there could be a lot to lose" if these sanctions take effect. Watch the video above for their complete analysis of oil prices and the potential impact of Trump administration tariffs on the oil market. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

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What is OPEC? | CNBC Explains

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• published: 20 Jun 2018
• views: 311297

The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi

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3:56

What is OPEC? | CNBC Explains

The fluctuating price of oil is largely decided by supply and demand and the collective ac...

published: 20 Jun 2018

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What is OPEC? | CNBC Explains

What is OPEC? | CNBC Explains

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• published: 20 Jun 2018
• views: 311297

The fluctuating price of oil is largely decided by supply and demand and the collective actions of OPEC, an organization that provides 40% of the world’s oil. CNBC's Tom Chitty explains. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC Life on YouTube: http://cnb.cx/2wAkfMv Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi

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11:55

Jeff Currie on Trump, Crypto, Oil Prices, AI Energy Demand

Jeff Currie, chief strategy officer of Carlyle Group’s Energy Pathways and veteran commodi...

published: 29 Jan 2025

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Jeff Currie on Trump, Crypto, Oil Prices, AI Energy Demand

Jeff Currie on Trump, Crypto, Oil Prices, AI Energy Demand

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• published: 29 Jan 2025
• views: 13662

Jeff Currie, chief strategy officer of Carlyle Group’s Energy Pathways and veteran commodities analyst, says OPEC+ has "plenty of room to restart supply in April." Amid this week's news on Chinese AI start-up DeepSeek, Currie says energy demand for artificial intelligence is yet to come as markets weigh the implications of the global race for AI supremacy. "Even 2-3% of growth in power demand [in Europe and the US] is enough to start to create a serious problem," he says. Currie appears on "The Pulse with Francine Lacqua" on Bloomberg TV. Chapters: 00:00:00 - Currie on Trump's oil and gas policy, tariffs, OPEC 00:03:58 - Currie on oil market outlook 00:05:46 - Currie on AI energy demand, crypto, cloud-computing 00:07:39 - Currie on global energy infrastructure, commodities market -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

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0:25

Trump tells OPEC to lower oil prices in address to World Economic Forum | VOA News

President Donald Trump on Thursday told business leaders at the World Economic Forum in Da...

published: 23 Jan 2025

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Trump tells OPEC to lower oil prices in address to World Economic Forum | VOA News

Trump tells OPEC to lower oil prices in address to World Economic Forum | VOA News

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• published: 23 Jan 2025
• views: 18490

President Donald Trump on Thursday told business leaders at the World Economic Forum in Davos, Switzerland, that he will be requesting Saudi Arabia invest $1 trillion in the United States. https://www.voanews.com/a/trump-signals-aggressive-stance-as-us-races-china-in-ai-development/7947068.html » Subscribe to VOA News: https://bit.ly/3KIPysi » Watch more VOA News video: https://www.youtube.com/c/VOANews Voice of America (VOA) is the largest U.S. international broadcaster, providing news and information in nearly 50 languages to an estimated weekly audience of more than 354 million people. VOA produces content for digital, television, and radio platforms. It is easily accessed via your mobile phone and on social media. It is also distributed by satellite, cable, FM and MW, and is carried on a network of more than 3,500 affiliate stations. Since its creation in 1942, Voice of America has been committed to providing comprehensive coverage of the news and telling audiences the truth. Through World War II, the Cold War, the fight against global terrorism, and the struggle for freedom around the globe today, VOA exemplifies the principles of a free press. Connect with VOA News: » VISIT OUR WEBSITE: https://www.voanews.com » LIKE OUR FACEBOOK PAGE: https://www.facebook.com/voanews » FOLLOW US ON INSTAGRAM: https://www.instagram.com/voanews » FOLLOW US ON TWITTER: https://twitter.com/VOANews » FOLLOW US ON THREADS: https://www.threads.net/@voanews #news #voanews

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2:00

Explained: OPEC

Not sure what OPEC is? You're not alone. Here's everything you need to know about the Orga...

published: 23 Nov 2016

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Explained: OPEC

Explained: OPEC

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• published: 23 Nov 2016
• views: 46793

Not sure what OPEC is? You're not alone. Here's everything you need to know about the Organization of Petroleum Exporting Countries (OPEC).

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4:42

What Is OPEC?

It’s been around for 60 years. It’s one of the world’s most influential nongovernmental in...

published: 15 Mar 2023

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What Is OPEC?

What Is OPEC?

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• published: 15 Mar 2023
• views: 5958

It’s been around for 60 years. It’s one of the world’s most influential nongovernmental institutions. And it affects billions of people, in one way or another. But much about OPEC — the Organization of the Petroleum Exporting Countries — is (forgive the pun) opaque. Or at least it’s poorly understood. And so this seemed a good candidate for Grid’s regular “No Dumb Questions” series: “What is OPEC?” For one thing, it’s a six-decade-old organization, founded by a handful of major oil producers who felt that too much of the power and influence in the oil sector rested with big oil companies. A founding principle of OPEC was that the nations that sit atop great reserves of petroleum should have control over how much is brought up from the ground and shared in the global market. The group also said then — and still maintains — that it exists to ensure stability in the market for one of the world’s most important commodities. As Grid’s Global Editor Tom Nagorski notes, that’s not a universal view. As OPEC has grown and its influence has increased, many nations outside OPEC have been critical of the group, calling OPEC a “cartel,” and suggesting its members care more about power and profit than market stability. Meanwhile, President Joe Biden is only the latest on a long list of U.S. presidents to plead with OPEC leaders to boost production to bring down the price of gas. Biden went to Saudi Arabia last year to do just that; it didn’t work. Subscribe to GRID here: https://bit.ly/3rskfJU Subscribe to our newsletters: https://www.grid.news/newsletters/ Listen to our Bad Takes podcast here: https://www.grid.news/podcasts/ Follow GRID here: Twitter: https://twitter.com/gridnews Facebook: https://www.facebook.com/GridDotNews Instagram: https://www.instagram.com/gridnews/ Flipboard: https://flipboard.com/@GridNews Apple News: https://apple.news/ThkiPJ1F4Tn2LgbQz2zzCng LinkedIn: https://www.linkedin.com/company/gridnews/ #global #politics #opec

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0:23

Trump: OPEC can end Ukraine conflict by cutting oil prices

President Donald Trump, in his first days in office, has focused on the OPEC+ alliance of ...

published: 25 Jan 2025

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Trump: OPEC can end Ukraine conflict by cutting oil prices

Trump: OPEC can end Ukraine conflict by cutting oil prices

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• published: 25 Jan 2025
• views: 21162

President Donald Trump, in his first days in office, has focused on the OPEC+ alliance of oil-exporting countries, claiming it has kept oil prices too high during the nearly three-year conflict in Ukraine. “One way to stop it quickly is for OPEC to stop making so much money. And they drop the price of oil because they have it nice and high,” Trump said Friday during a visit to Western North Carolina. #Trump #DonaldTrump #Ukraine #Putin #oil #opec

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4:14

What is OPEC?

Video made possible thanks to AI voice generator Eleven Labs, https://elevenlabs.io/?from=...

published: 06 Jan 2023

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What is OPEC?

What is OPEC?

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• published: 06 Jan 2023
• views: 5079

Video made possible thanks to AI voice generator Eleven Labs, https://elevenlabs.io/?from=josephalexandernordqvistcantoral8044 OPEC, which stands for the Organization of the Petroleum Exporting Countries, is an economic cartel that aims to control the global oil & gas market. Read more: https://marketbusinessnews.com/financial-glossary/opec/ Join this channel to get access to perks: https://www.youtube.com/channel/UCI8Xs2oPTMb9DkuYsEqCnnQ/join

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10:05

OPEC: The Cartel Controlling the World's Oil

Sign up for a CuriosityStream subscription and also get a FREE Nebula subscription (the st...

published: 13 Dec 2022

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OPEC: The Cartel Controlling the World's Oil

OPEC: The Cartel Controlling the World's Oil

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• published: 13 Dec 2022
• views: 107767

Sign up for a CuriosityStream subscription and also get a FREE Nebula subscription (the streaming platform built by creators): http://CuriosityStream.com/TLDRglobal TLDR Daily: https://youtube.com/tldrdaily Oil is one of the world's most important commodities, and as such, it's unsurprising that those in control of it might want to protect that power. OPEC is their attempt to do this, controlling oil markers and capturing major political power 💬 Twitter: https://twitter.com/tldrnewsglobal 📸 Instagram: http://www.instagram.com/tldrnewsglobal 🎞 TikTok: https://www.tiktok.com/@tldrnews 🗣 Discord: https://tldrnews.co.uk/discord 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding TLDR Store: https://www.tldrnews.co.uk/store TLDR TeeSpring Store: https://teespring.com/stores/tldr-spring Learn About Our Funding: https://tldrnews.co.uk/funding TLDR is all about getting you up to date with the news of today, without bias and without filter. We aim to give you the information you need, quickly and simply so that you can make your own decision. TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by just a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, following, and backing us on Patreon. Thanks!

• Show More

9:04

OPEC Oil Crisis 1973 and Israel-Arab War Explained

Step back in time and explore the monumental OPEC oil crisis of 1973 due to the Israel-Ara...

published: 14 Jun 2023

Play in Full Screen

OPEC Oil Crisis 1973 and Israel-Arab War Explained

OPEC Oil Crisis 1973 and Israel-Arab War Explained

• Report rights infringement
• published: 14 Jun 2023
• views: 48099

Step back in time and explore the monumental OPEC oil crisis of 1973 due to the Israel-Arab War. Delve into the intricate web of events that unfolded, ultimately reshaping the global economic landscape. Discover the underlying causes behind the crisis, including OPEC's oil embargo in response to the Yom Kippur War, and witness its far-reaching consequences. #opecoilcrisis #middleeasthistory #YomKippurWar

• Show More

6:43

Iran sanctions, OPEC cuts: Top oil market drivers for 2025

Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ...

published: 31 Dec 2024

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Iran sanctions, OPEC cuts: Top oil market drivers for 2025

Iran sanctions, OPEC cuts: Top oil market drivers for 2025

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• published: 31 Dec 2024
• views: 3500

Wall Street analysts are projecting lower oil (BZ=F, CL=F) prices in 2025, with forecasts ranging from $65 to $76 per barrel. Roth Capital Partners senior energy analyst Leo Mariani and S&P Global Commodity Insights head of global oil Richard Joswick join Catalysts to discuss their oil market outlooks. Mariani identifies three key factors driving the oil market heading into the new year: potential increased sanctions, modest improvements in Middle Eastern selling prices, and OPEC countries planning "to make up for that in the first part of '25 with some compensatory production cuts" to address previous overproduction. "The key thing is that non-OPEC plus production is growing faster than the demand for oil," Joswick explains. He adds, "Even if we have a cutback in some other areas, it's still likely that we're going to have more supply coming onto the market than there is the demand for that crude oil, and that means inventories are likely to build," suggesting downward pressure on oil prices in the near term. Amid rising geopolitical tensions, Mariani emphasizes Iran as the key country to watch, noting the incoming Trump administration's focus on "significant economic sanctions" against the nation, warning "there could be a lot to lose" if these sanctions take effect. Watch the video above for their complete analysis of oil prices and the potential impact of Trump administration tariffs on the oil market. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

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OPEC

Organization of the Petroleum Exporting Countries (OPEC, /ˈoʊpɛk/ OH-pek) is an intergovernmental organization of 13 petroleum-exporting nations, founded in 1960 by the first five members, and headquartered since 1965 in Vienna, Austria. The 13 countries account for 40% of global oil production and 73% of the world's "proven" oil reserves, making OPEC a major influence on global oil prices.

OPEC's stated mission is "to coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry." As of 2016, OPEC's members are Algeria, Angola, Ecuador, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia (the de facto leader), United Arab Emirates, and Venezuela. Two-thirds of OPEC's oil production and reserves are in its six Middle Eastern countries that surround the oil-rich Persian Gulf.

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This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/OPEC

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What is OPEC? | CNBC Explains...

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Explained: OPEC...

What Is OPEC?...

Trump: OPEC can end Ukraine conflict by cutting oi...

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OPEC: The Cartel Controlling the World's Oil...

OPEC Oil Crisis 1973 and Israel-Arab War Explained...

Iran sanctions, OPEC cuts: Top oil market drivers ...

Latest News for: Opec

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Oil Prices Fall On Supply Glut Fears Despite OPEC+ Output Cut Extension

MENA FN 18 Apr 2025

(MENAFN - The Peninsula) QNA Doha, Qatar. Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply surplus next year on weak demand despite an OPEC+ ... .

Edit

Saudi Arabia Faces Fiscal Strain As Oil Prices Slump Amid OPEC+ Output Surge And Trade Tensions

MENA FN 18 Apr 2025

(MENAFN - The Arabian Post) Oil prices have plummeted to a four-year low, posing significant challenges for Saudi Arabia's budget, which heavily relies on oil revenues to fund its extensive economic ... .

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LIVE UPDATES: Gaza death toll tops 51,100 as Israeli army kills 92 more Palestinians

Middle East Monitor 18 Apr 2025

....

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OPEC says Iraq, Kazakhstan and others to cut output more in compensation plan

Hellenic Shipping News Worldwide 17 Apr 2025

OPEC+, which includes OPEC, plus Russia and other allies, has ...

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Kazakhstan’s oil output down in early April, still above OPEC+ quota, source says

Hellenic Shipping News Worldwide 17 Apr 2025

Several other members of the OPEC+ group, including top producer Saudi ...

Edit

Major oil producers present updated compensation plans to OPEC

Kuna 17 Apr 2025

VIENNA, April 16 (KUNA) -- The OPEC Secretariat received on Wednesday updated compensation plans from Saudi Arabia, Russia, ...

Edit

Oil heads for weekly rise as US adds sanctions on Iran, OPEC cuts

The Times of India 17 Apr 2025

sanctions on Iranian oil exports and OPEC producers' pledges for deeper output cuts ... .

Edit

Oil Updates — Crude set for weekly rise on new Iran sanctions, OPEC cuts

Arab News 17 Apr 2025

Updated 2 min 22 sec ago. Reuters. April 17, 2025 10.58. .

Edit

OPEC+ Efforts at Oil Quota Compensation Look Flimsy as Ever

Rigzone 17 Apr 2025

The total backlog of overdue compensation cuts has increased by almost nine percent to roughly 139 million barrels ... .

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Oil set for weekly rise on new Iran sanctions, OPEC cuts

Hellenic Shipping News Worldwide 17 Apr 2025

Oil prices extended gains on Thursday on the prospect of tighter ...

Edit

Trade tensions, OPEC+ production hikes weigh down on oil & gas credit outlook (Scope Ratings GmbH)

Public Technologies 17 Apr 2025

) THURSDAY, 17/04/2025 - Scope Ratings GmbH Download PDF Trade tensions, OPEC+ production hikes weigh down on oil & gas credit outlook Five years after the ...

Edit

Oil up on Thursday

Amwal Al Ghad 17 Apr 2025

... exports and additional output cuts from some >OPEC members.

Edit

Oil rises a second day after US cracks down on Iranian supply

Moneyweb 17 Apr 2025

Brent for June settlement rose�0.7%�to $66.30�a barrel at 10.15 a.m. in London ... .

Edit

OPEC daily basket price stood at $67,65 a barrel, Tuesday 15 April 2025 (OPEC - Organization of the Petroleum Exporting Countries)

Public Technologies 16 Apr 2025

OPEC - Organization of the Petroleum Exporting Countries published this content on ...

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OPEC+ receives updated output compensation plans from 8 members

Amwal Al Ghad 16 Apr 2025

... OPEC+ agreement, the group announced on Wednesday.

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