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Main article: OPEC

Iran Sees ‘No Threat’ From Oil at $25 as Prices Keep Falling

Iran Sees ‘No Threat’ From Oil at $25 as Prices Keep Falling

OPEC has no plans to support world oil prices.This means that "black gold" may  be cheaper to 25 dollars per barrel soon , according to the government of Iran.

Tom jan 20 15, 22:41
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OPEC chief defends policy, says group to try to ride out price fall

OPEC chief defends policy, says group to try to ride out price fall

OPEC Secretary-General Abdullah al-Badri addresses a news conference after a meeting of OPEC oil ministers at OPEC's headquarters in Vienna November 27,   

Richard Stone dec 15 14, 15:01
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OPEC's message to US shale: Drop dead

OPEC's message to US shale: Drop dead

OPEC just fired a shot at the U.S. shale industry. Despite tumbling prices -- the lowest since 2010 -- the cartel surprised the energy industry by deciding t

Rick Westly nov 29 14, 20:02
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