As the OPEC members prepare to meet today, and with talks about extending the supply cut extension expected to dominate the agenda, Energy Voice takes a look at the history of the Cartel from its formation through to the present day.
OPEC plans to stick to its policy of unfettered oil production after members failed to agree on a new output ceiling, according to a delegate at the group’s meeting in Vienna.
OPEC looked on track to maintain the status quo after member states clashed over oil production policy at an unusual informal gathering before the group’s official meeting in Vienna today.
