The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.
OPEC
Posted inNPR
Why oil prices are falling, and what it means for the economy
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly since January. That’s good for consumers, and bad for oil companies.
Posted inNPR
Tensions are rising in the Middle East, but the rise in oil prices is muted – so far
Crude oil prices have risen as Iran and Israel trade attacks, but not as much as you might expect. One reason? OPEC+ could pump a lot more oil if it wanted to.
