organization of the petroleum exporting countries

What Happened at the OPEC Meeting Today?

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - June 5, 2015

At today's OPEC meeting, the cartel announced it would maintain its collective output at 30 million barrels a day.

The decision marks the second time since November that OPEC will defy the global supply glut and weak oil prices.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - June 4, 2015

The Organization of the Petroleum Exporting Countries will hold its first oil summit of the year in Vienna tomorrow.

The OPEC meeting will be the first since the cartel fired off the first shot in the "price war" last November.