Sentence examples for * opec in from inspiring English sources

The oil production of OPEC in 2015 was 3160 × 104 bbl/d, which had increased by 2.7% compared to that in 2014 (OPEC 2016; EIA 2016).

But then around OPEC in 1972/3, the price trend leaps up to $36.

The first successful use of collective bargaining against the companies was done by the OPEC in regard to oil.

It would allow the government to sue members of OPEC in American courts for anti-competitive behaviour.

Here's the hard truth: Prices are set on the world market by the major producers, OPEC in particular.

But other producers that had collaborated with OPEC in the past, like Mexico and Norway, have ruled out any action.

The Saudi cutback is reportedly double what it had agreed to at the two OPEC meetings in October in Qatar, and in December in Nigeria.

The Saudi cutback is reportedly double what it had agreed to at the OPEC meeting in October in Qatar and in December in Nigeria.

Of course, it is not politically popular for anyone to appear pro-Opec in the rich, oil-consuming countries.

Saudi Arabia was one of the charter members of OPEC, founded in 1960 in Baghdad to coordinate the policies of oil producers.

If OPEC succeeds in reversing the tide in the oil market in coming months, it might bring gasoline prices back above $2 a gallon.