Opinions
Situation on Oil Market: OPEC Factor
The Organization of the Petroleum Exporting Countries (OPEC) marks today its 55th anniversary. In light of the upcoming anniversary, the Rossiya Segodnya International Information Agency hosted a round-table conference, the attendees of which assessed the progress achieved by OPEC since its establishment and analyzed prices on the oil market. Moreover, they touched upon conjuncture around the volumes of production, sale and extraction on the oil markets, with regard to the lifting of anti-Iranian sanctions.