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Is OPEC Still Relevant?

CNN's John Defterios speaks to key business leaders to determine how influential the oil cartel OPEC is today.

Jul 18, 2017
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Ultrahuman's UltraFactory to Make Wearable Rings in U.S.
The company expects the location to open within the next six months.
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The PRESTO System is a modular suite of automated robotic inspection cells that can change the landscape of 3D measurement for automotive and aerospace manufacturing.
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Hexagon Revolutionizes Robotic Quality Inspection with PRESTO System
The integrated robotic system eliminates repetitive manual setup and calibration processes.
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Mars officials said the companies "have the potential to transform our food systems."
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The expansion will also bring an estimated 185 new jobs to the area.
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ZeroAvia Opens Electric, Hydrogen Aviation Components Manufacturing Facility
The company is also planning a separate facility focused on producing hydrogen fuel cell systems.
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A hiring sign is displayed in Riverwoods, Ill., Tuesday, April 16, 2024.
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Rule Grants Overtime for Millions More Salaried Workers
Employers will be required pay overtime to salaried workers who make less than $43,888 a year.
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The logo for the Tesla Supercharger station is seen in Buford, Ga, April 22, 2021.
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Tesla 1Q Profit Falls 55%
But the company's stock jumped as the company moved to speed production of cheaper vehicles.
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The Federal Trade Commission building in Washington, Jan. 28, 2015.
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Federal Rule Bars Most 'Noncompete' Agreements
The FTC says roughly one in five workers are now subject to such restrictions.
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Boeing Posts $355 Million Loss
The company is in "a tough moment."
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The Stellantis sign appears outside the Chrysler Technology Center, Jan. 19, 2021, in Auburn Hills, Mich.
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Jeep Maker Stellantis to Lay Off Unspecified Number of Factory Workers
The company faces increased capital spending, declining U.S. sales, and higher labor costs.
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Engineers and workers stand inside Safran Aircraft Engines repair plant outside of Casablanca, Morocco, Thursday, April 18, 2024.
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As Airplane Makers Struggle to Meet Demand, Morocco Wants to Become a Manufacturing Hub
The North African kingdom is among a longer list of countries vying for contracts with big manufacturers looking to speed up production and deliver more planes to meet demand.
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Raccoon Knocks Out Electricity for Thousands in Wisconsin
Animals cause significant power problems every year.
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Brent Kisha, STAHLS' vice president of strategic sales, demonstrates using a Hotronix Fusion IQ heat press to put a name on shirt in St. Clair Shores, Mich., Monday, April 22, 2024.
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The Michigan Company That Quickly Personalizes NFL Jerseys for Draft Picks
The company has been doing it for more than a decade.
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U.S. and China flags at a meeting between U.S. Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng, Guangdong Zhudao Guest House, Guangzhou, China, April 6, 2024.
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The Top Worry for American Companies Operating in China
Those companies saw profits improve last year, though slightly less than half expect to be profitable in 2024.
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In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange.
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General Motors Reports Strong First-Quarter Profits
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