(Photo by Getty Images/Bob Riha, Jr.) As the 50 th anniversary of the first major oil crisis approaches next ... began to believe that OPEC members were no longer able to hold up oil prices ...
The oil crisis of the 1970s was a game-changer for the automotive ... the oil embargo led by the Organization of the Petroleum Exporting Countries (OPEC) deeply affected the economies of Western ...
Opec's presence in the market is certainly big enough to make an impact. It accounts for more than 40% of global crude oil production. It was higher - more than half in the early 1970s - but the ...
In the early 1970s, the Organization of Petroleum Exporting Countries (OPEC) established export quotas ... flourished as a result of the world oil crisis. During the 1970s, Alberta boomed as ...
Llewellyn King has been a player in the energy space since 1970. It has been 50 years since the Arab oil embargo and the ensuing crisis ... would peak in 2030. OPEC, in a separate study, said ...
It's a payment crisis, and this could well be on the scale of the 1970s ... Crude oil prices keep going higher with "self-sanctioning" buyers avoiding Russian crude, and OPEC seems to be more ...
While Americans are reeling from sticker shock at the gas pump, the diesel market is in its worst crisis since the 1970s ... was used in response to OPEC's oil embargo. Refinitiv's Mitchell ...