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Company Directory - Organization of the Petroleum Exporting Countries

Company Details - Organization of the Petroleum Exporting Countries

Organization of the Petroleum Exporting Countries Logo

Organization of the Petroleum Exporting Countries

Website

Vienna, Austria

OPEC is an intergovernmental organization composed of 13 oil-producing nations, which seeks to coordinate and unify petroleum policies among Member Countries to ensure the stabilization of oil markets, the securing of a steady income to oil-producing nations, and a fair return on capital to those investing in the petroleum industry.

CCI Score

CCI Score: Organization of the Petroleum Exporting Countries

-35.14

0.01%

Latest Event

OPEC Production Boost Amid Trump Tariffs

OPEC, along with its allies including Russia, announced a production increase of 411,000 barrels per day for May following the implementation of sweeping US tariffs by President Trump, a move that is seen as contributing to an oversupplied market and potentially aligning with authoritarian economic strategies.

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TOADIE

Organization of the Petroleum Exporting Countries is currently rated as a Toadie.

-30 to -44 CCI Score
Companies scoring in this range actively seek to please authoritarian regimes. They offer proactive support and assistance in exchange for preferential treatment, compromising ethical standards for business gains and political favor.

Latest Events

  • OPEC Production Boost Amid Trump Tariffs Logo
    APR
    09
    2025

    OPEC, along with its allies including Russia, announced a production increase of 411,000 barrels per day for May following the implementation of sweeping US tariffs by President Trump, a move that is seen as contributing to an oversupplied market and potentially aligning with authoritarian economic strategies.

  • OPEC bans journalists from Vienna conference Logo
    JUL
    05
    2023

    OPEC excluded several major media organizations from its annual conference in Vienna scheduled for July 5-6, raising concerns about transparency and the suppression of independent press.

  • -40

    Public and Political Behavior

    April 3

    By banning prominent journalists from its conference, OPEC undermines transparency and accountability, key pillars of a healthy democratic discourse, signaling an authoritarian approach that restricts open information flow.

    OPEC bans journalists from Vienna conference - The Brussels Times

  • -30

    Media Influence and Propaganda

    April 3

    Excluding key media outlets not only restricts information but also curbs independent scrutiny, reinforcing an environment where state or corporate narratives can dominate without challenge.

    OPEC bans journalists from Vienna conference - The Brussels Times

  • Surprise OPEC+ Production Cuts Signal Authoritarian Alignment Logo
    APR
    02
    2023

    On April 2, 2023, OPEC+, which includes Saudi Arabia and Russia among its members, announced unexpected oil production cuts amounting to over 1.1 million barrels per day. The move reflects a shift away from pro-Western policies and signals closer alignment with authoritarian regimes, potentially bolstering the economic resilience of governments under sanctions while undermining US influence in the region.

  • -50

    Public and Political Behavior

    April 3

    OPEC+'s decision to cut oil production is an explicitly political move that represents a distancing from democratic, Western policies. By aligning more closely with autocratic regimes like Russia and China, the decision undermines the influence of democratic institutions and reinforces a trend toward authoritarian geopolitical realignments.

    Geopolitical implications of the OPEC+ oil production cut - KPMG

  • -30

    Economic and Structural Influence

    April 3

    The production cuts have significant economic implications by reducing global oil supply, which can trigger inflationary pressures and destabilize Western economies. This economic maneuver indirectly strengthens authoritarian regimes by supplying them with much-needed revenues amidst sanctions, thereby consolidating their power and diminishing democratic influence.

    Geopolitical implications of the OPEC+ oil production cut - KPMG

  • OPEC+ Production Cuts Align with Authoritarian Interests Logo
    OCT
    06
    2022

    OPEC, as part of the OPEC+ alliance, agreed to cut oil production by 2 million barrels per day, a decision seen as aligning with Russian interests and potentially undermining U.S. diplomatic efforts and democratic energy policies.

  • -60

    Public and Political Behavior

    April 3

    The decision to cut production is perceived as a politically charged move that aligns with authoritarian interests, particularly given the support for Russia and the subsequent backlash from the U.S. government. This action is viewed as undermining democratic energy policies and diplomatic relations.

    Experts react: How the OPEC+ oil-production cuts will shake up geopolitics and energy security

  • -40

    Economic and Structural Influence

    April 3

    The production cut is expected to drive up oil prices and reinforce the economic influence of authoritarian regimes, thereby deepening structural economic challenges and reinforcing power imbalances that could have far‐reaching negative implications.

    Experts react: How the OPEC+ oil-production cuts will shake up geopolitics and energy security

  • OPEC+ Production Cut and Political Alignment Logo
    APR
    12
    2020

    OPEC, as part of the OPEC+ deal amid the COVID-19 market turmoil, agreed to cut oil production, a move praised by various industry leaders and aligned with President Trump’s efforts to secure US energy independence. The decision is seen as reinforcing political and economic power structures that some critics argue benefit authoritarian agendas.

  • -60

    Public and Political Behavior

    April 3

    The coordinated production cut and supportive rhetoric toward President Trump’s intervention bolster an environment where political maneuvering favors strong centralized authority. This alignment with an administration known for authoritarian tendencies raises concerns about reinforcing power hierarchies and undermining democratic checks.

    OPEC+ Deal: What They Are Saying - Department of Energy

  • -40

    Economic and Structural Influence

    April 3

    By participating in a coordinated cut in oil production, OPEC reinforces existing global energy power structures that uphold oligarchic influence and can perpetuate economic dependencies. This decision, while aimed at market stabilization, contributes to long-term structural imbalances that may empower authoritarian regimes.

    OPEC+ Deal: What They Are Saying - Department of Energy

Industries

211120
Crude Petroleum Extraction
213112
Support Activities for Oil and Gas Operations
486110
Pipeline Transportation of Crude Oil
486210
Pipeline Transportation of Natural Gas