OPEC & United States
67 shared events · Importance 6 · 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.
United States: The United States engaged in talks with Iran, leading to a memorandum of understanding that helped ease tensions and facilitate the reopening of the Strait of Hormuz, impacting global oil supply.
Mar 09, 2018 · 100 articles
International
OPEC: OPEC+ agreed to increase crude oil production quotas, which could lead to an oversupply if demand does not keep pace.
United States: The United States' attack on Iran, along with Israel, impacted oil export volumes from the Middle East and contributed to higher Brent prices during the conflict.
Jul 06, 2026 · 6 articles
Business
OPEC: OPEC's decisions and 'whims' are noted as significant factors influencing global oil prices and supply.
United States: The United States maintains the United States — Strategic Petroleum Reserve and its administrations' policies on drilling can influence oil supply and prices.
Jul 01, 2026 · 6 articles
International
OPEC: Iran is the third-largest producer in OPEC, and the disruption to its oil exports due to the conflict has implications for global oil markets.
United States: The United States is a primary actor in this event, conducting airstrikes against Iran and its allies, enforcing a blockade on Iranian ports, and attempting to negotiate a peace deal while facing retaliatory attacks. Its actions directly impact global oil prices and regional stability.
Apr 20, 2026 · 508 articles
Business
OPEC: OPEC's decisions and 'whims' are cited as significant factors influencing global oil prices and historical performance.
United States: The United States maintains the United States — Strategic Petroleum Reserve and its administrative policies on drilling, such as those by Donald Trump and Joe Biden, influence domestic oil supply and prices.
May 01, 2026 · 57 articles
International
OPEC: The OPEC' historical market management was referenced in comparison to China's current actions.
United States: The United States, along with Israel, initiated attacks on Iran, contributing to the conflict. Its narrative management and strategic reserve releases helped stabilize oil markets, but it remains involved in ongoing peace negotiations.
Apr 20, 2026 · 22 articles
Business
OPEC: The OPEC (OPEC) is mentioned in the context of the United Arab Emirates' withdrawal, but this event has not had a direct impact on the current fuel price reductions by Dangote Petroleum Refinery.
United States: The United States' involvement in a ceasefire agreement with Iran has contributed to easing Middle East tensions and declining global crude oil prices, indirectly influencing fuel prices in Nigeria.
May 26, 2026 · 120 articles
International
OPEC: OPEC+ is considering a larger-than-planned oil output increase in response to geopolitical tensions, aiming to stabilize oil markets.
Feb 28, 2026 · 7 articles
International
OPEC: OPEC agreed to a modest oil output increase, which is unlikely to calm markets amid supply disruptions.
Mar 01, 2026 · 8 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: India is in discussions with the OPEC regarding oil supplies.
Mar 05, 2026 · 6 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
International
OPEC: Venezuela is a member of OPEC, and the United States' actions to control its oil flows could have implications for the group's dynamics.
Jan 07, 2026 · 6 articles
International
OPEC: Iran is the third largest producer in the OPEC, making the potential disruption of its oil exports significant for the global oil market.
Mar 27, 2026 · 44 articles
International
OPEC: OPEC Plus announced an increase in oil production to mitigate the impact of the Middle East conflict on oil prices.
Feb 28, 2026 · 358 articles
International
OPEC: Saudi Arabia and the United Arab Emirates are both members of OPEC, highlighting their economic ties despite the current geopolitical dispute.
Jan 08, 2026 · 6 articles
International
OPEC: OPEC data was cited to show Venezuela's low crude output in 2024, illustrating the decline of its oil industry due to underinvestment, sanctions, and embargoes.
Jan 09, 2026 · 6 articles
International
OPEC: Iran is a member of OPEC, and the tariffs could indirectly affect the global oil market, though OPEC's direct role in this event is minimal.
Jan 12, 2026 · 8 articles
International
OPEC: Iran, a member of the OPEC, is a significant oil producer, and disruptions to its facilities could impact global supply.
Mar 02, 2026 · 17 articles
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