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Topic: opec

The OPEC headquarters building in Vienna
Markets
Sunday, 7/5, 01:37 PM

What Is OPEC+ and How Does It Move Oil Prices?

  • When OPEC+ cuts production, oil prices tend to rise; when it opens the taps, they tend to fall.
  • The group of oil-exporting nations that meets in Vienna holds unusual sway over a commodity that touches nearly every price in the economy.
  • Here is how it works, and where its power runs out.

In brief

opec — news and stories on this topic

This page collects all of Boursel's coverage of opec. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

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