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Organization of Petroleum Exporting Countries

The Organization of the Petroleum Exporting Countries's (OPEC) objective is to co-ordinate and unify petroleum policies among Member Countries, in order to secure fair and stable prices for petroleum producers; an efficient, economic and regular supply of petroleum to consuming nations; and a fair return on capital to those investing in the industry.

All datasets:  E O
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    • August 2018
      Source: Organization of Petroleum Exporting Countries
      Uploaded by: Knoema
      Accessed On: 19 December, 2018
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      The date has been considered the highest number although it has a range which are as. 2014- 2020 for 2020, 2020-2030 for 2030, 2030-2040 for 2040
    • August 2018
      Source: Organization of Petroleum Exporting Countries
      Uploaded by: Knoema
      Accessed On: 16 November, 2018
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      1. Stock change assumptions reflect the development of Strategic Petroleum Reserves (SPR) in some non-OECD countries, and the rising need for stocks as refinery capacity expands. These rates of rise in stocks will eventually slow, as growth in SPR slows as does refinery expansion. The medium-term pattern eventually reverts, in the long-term, to historical average behavior. 2. For Indicators, like Long term real GP growth rates the date has been considered the highest number although it has a range which are as. 2014- 2020 for 2020, 2020-2030 for 2030, 2030-2040 for 2040

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