Reasons Behind Words: OPEC Narratives and the Oil Market
Oct 9, 2024 · We analyze the content of the Organization of the Petroleum Exporting Countries (OPEC) communications and whether it provides information to the crude oil market. To this …
We analyze the content of the Organization of the Petroleum Exporting Countries (OPEC) communications and whether it provides information to the crude oil market. To this end, we …
Can Donald Trump fire Federal Reserve Chairman Jerome Powell?
6 days ago · Trump suggested that high oil prices are contributing to the protracted Russia-Ukraine war and urged Saudi Arabia and OPEC members to bring down the price of petroleum …
OPEC’s surprise production cut complicates the Fed’s fight against ...
Apr 8, 2023 · A surprise production cut announcement this week from Saudi Arabia and several other OPEC+ oil producers complicates the Federal Reserve’s mission to cool the economy …
The Fed - OPEC's Surplus and Real Interest Rates - Federal Reserve …
Aug 13, 2021 · Board of Governors of the Federal Reserve System The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary …
OPEC vs. the US: Who Controls Oil Prices? - Investopedia
Jul 30, 2024 · In this article, we explore the historical rivalry between OPEC and the U.S. and its evolution. Both groups set their supply targets by consensus, though Saudi Arabia plays an …
Oil Shock of 1973–74 - Federal Reserve History
Nov 22, 2013 · Additionally, non-Organization of the Petroleum Exporting Countries (OPEC) oil sources were declining as a percentage of the world oil industry, and OPEC was therefore …
The 1973 Oil Crisis: One Generation and Counting - Federal Reserve …
In October 1973, the world entered a new phase in the economic and political process when a group of economically less-developed oil-producing countries, which 13 years earlier had …
Capacity constraints drive the OPEC+ supply gap
Apr 19, 2022 · OPEC+, a group of 23 oil-producing countries, enacted a massive supply cut in April 2020 to accommodate the drop in global oil demand associated with the coronavirus …
OPEC+ just made the Fed’s job more complicated. Here’s
Apr 3, 2023 · Several OPEC+ members are set to tighten global production by an additional 1.16 million barrels per day until the end of the year, further burdening central bank efforts to curtail …