OPEC & West Texas Intermediate
24 shared events · Importance 3 · Last updated Jul 06, 2026
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International
OPEC: OPEC, along with its allies in OPEC+, agreed to increase oil production targets, influencing global oil supply and prices. The organization faces challenges with member departures and requests for higher quotas.
West Texas Intermediate: West Texas Intermediate crude prices also declined following the OPEC+ decision and improved supply outlook.
Mar 09, 2018 · 100 articles
Business
OPEC: OPEC's decisions and 'whims' are noted as significant factors influencing global oil prices and supply.
West Texas Intermediate: West Texas Intermediate is another major oil benchmark, primarily for North America, and is mentioned as a reference point for oil prices.
Jul 01, 2026 · 6 articles
Business
OPEC: OPEC's decisions and 'whims' are cited as significant factors influencing global oil prices and historical performance.
West Texas Intermediate: West Texas Intermediate is mentioned as the main benchmark for North America, providing a regional context to oil pricing.
May 01, 2026 · 57 articles
International
OPEC: OPEC+ countries announced an increase in crude production by 206,000 barrels per day in April to mitigate supply concerns arising from the conflict.
Mar 01, 2026 · 6 articles
International
OPEC: OPEC agreed to a modest oil output boost for April, but this is largely insufficient to offset the supply disruptions caused by the Middle East conflict.
Mar 01, 2026 · 42 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Apr 22, 2026 · 302 articles
International
OPEC: OPEC+ agreed to a modest output increase of 206,000 bpd, which is insufficient to offset potential supply losses from the Strait of Hormuz closure.
Feb 28, 2026 · 35 articles
International
OPEC: OPEC+ agreed to lift oil output quotas, but the impact is limited as key members cannot boost production due to strait closures, indicating the severity of supply disruptions.
Apr 06, 2026 · 33 articles
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