The Organization of the Petroleum Exporting Countries (OPEC) today marks the 5th anniversary of the historic ‘Vienna Agreement’ reached at the 171st Meeting of the OPEC Conference held on 30 November 2016 in Vienna, Austria. The milestone meeting built on the successful ‘Algiers Accord’, reached in Algiers, Algeria, on 28 September 2016 at the 170th (Extraordinary) Meeting of the OPEC Conference and paved the way for the historic Declaration of Cooperation (DoC) between OPEC Member Countries and leading non-OPEC oil producing nations to work together in the interest of sustainable oil market stability. The Conference ... (full story)