Thursday, April 24, 2014 3:27 AM EST

OPEC

The Organization of the Petroleum Exporting Countries is a cartel  of twelve countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.

OPEC has maintained its headquarters in Vienna since 1965, and hosts regular meetings among the oil ministers of its Member Countries. Indonesia withdrew in 2008 after it became a net importer of oil, but stated it would likely return if it became a net exporter in the world again.

Headlines Around the Web

Iran threatens to trigger oil price war

Dec 04 - Financial Times

Articles About OPEC

Protesters Fight Police, Burn Maduro Puppets in Venezuela
Protesters Fight Police, Burn Maduro Puppets in Venezuela

By Reuters

Masked youths battled police, protesters burned and hung from lamp-posts effigies of President Nicolas Maduro and marchers demanded the "resurrection" of democracy on a volatile Easter Sunday in Venezuela. (Apr 21)

MORE TOPICS: TWITTER, ADVERTISING

Al Qaeda Kills 14 Algerian Soldiers in Ambush (Representational Image)
Al Qaeda Kills 14 Algerian Soldiers in Ambush

By Reuters

Islamist militants killed at least 14 Algerian soldiers in an ambush in mountains east of the capital Algiers at the weekend in one of the deadliest attacks on the military in years. (Apr 21)

MORE TOPICS: AL-QAEDA, AFGHANISTAN, ELECTIONS, LIBYA, ALGERIA

African militants (representational photo, Reuters file)
Militants Kill 11 Algerian Soldiers in Ambush

By Reuters

Islamic militants killed at least 11 Algerian soldiers in an ambush on a patrol in mountains east of the capital Algiers, a security source said on Sunday, in one of the deadliest attacks on the military in years. (Apr 21)

MORE TOPICS: AL-QAEDA, ELECTIONS, LIBYA, ALGERIA, AGING

Libya Adjourns Trial of ex-Gaddafi Officials and Sons
Libya Adjourns Trial of ex-Gaddafi Officials and Sons

By Reuters

Libya opened the trial of deposed leader Muammar Gaddafi's sons and dozens of his ex-officials on Monday in a test of its transition to democracy, but it was quickly adjourned as some of the investigations had not been completed. (Apr 15)

MORE TOPICS: HUMAN RIGHTS, COURT, LIBYA, NIGER, LAWYER

Libya threatens to bomb N.Korean tanker if it ships oil from rebel port
Libya Threatens to Bomb North Korean Tanker if it Ships Oil from Rebel Port

By Reuters

Libya threatened to bomb a North Korean-flagged tanker, if it tried to ship oil from a rebel-controlled port, in a major escalation of a standoff over the country's petroleum wealth. (Mar 09)

MORE TOPICS: LIBYA

Venezuela Death Toll Rises to 13 as Protests Flare
Venezuela Death Toll Rises to 13 as Protests Flare

By Reuters

Anti-government demonstrators put up barricades and set fire to trash in Caracas on Monday despite calls from within the opposition to rein in protests that have led to 13 deaths in Venezuela's worst unrest for a decade. (Feb 25)

MORE TOPICS: CRUDE OIL, HUMAN RIGHTS, WHITE HOUSE

At Least Three Killed by Gunfire at Venezuela Protests
From Jail, Venezuela Protest Leader Urges Resistance

By Reuters

Venezuela's jailed protest leader urged supporters on Friday to keep demonstrating peacefully against President Nicolas Maduro despite violence that has killed at least six people and rocked the OPEC member nation. (Feb 22)

MORE TOPICS: BARACK OBAMA

World Powers and Iran Make "good start" Towards Nuclear Accord
World Powers and Iran Make "good start" Towards Nuclear Accord

By Reuters

Six world powers and Iran made a "good start" in talks in Vienna towards reaching a final settlement in the decade-old stand-off over Tehran's nuclear programme, but conceded their plan to get a deal in the coming months was very ambitious. (Feb 21)

MORE TOPICS: CHINA, GERMANY, ISRAEL, EUROPEAN UNION, UNITED NATIONS, RUSSIA

Iran, Powers hold 'Substantive' Nuclear Talks; U.S., Iranians Meet
Iran, Powers hold 'Substantive' Nuclear Talks; U.S., Iranians Meet

By Reuters

Six world powers and Iran began "substantive" talks on Tuesday in pursuit of a final settlement on Tehran's contested nuclear programme in the coming months despite caveats from both sides that a breakthrough deal may prove impossible. (Feb 19)

MORE TOPICS: CHINA, GERMANY, ISRAEL, NUCLEAR WEAPONS, RUSSIA, SETTLEMENT

At Least Three Killed by Gunfire at Venezuela Protests
Anti-Maduro Protests Persist in Venezuela, Dozens Jailed

By Reuters

President Nicolas Maduro's government kept dozens of student protesters behind bars on Friday as unrest still rumbled across Venezuela following this week's violence at political rallies that killed three. (Feb 15)

MORE TOPICS: TWITTER, EUROPEAN UNION, ARGENTINA, UKRAINE, CONGRESS