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What impact can OPEC decisions have on the world?
The roe of OPEC is to regulate the petroleum industries among member countries. OPEC stands for Organization of the Petroleum Exporting Countries.
What is the organization that controls much of the world's oil supply?
OPEC
Why was OPEC created?
To regulate petroleum prices around the world.
How has OPEC influenced the world economy?
Nathan adkins said what ever you think
Where is the headquater of opec?
where is the head quarter of opec
Which country is the most influential member of OPEC?
Saudi Arabia is considered the most influential member of OPEC due to its large oil reserves, production capacity, and role in influencing global oil prices.
OPEC is very important to this countries?
very impotantee
How important is the Persian Gulf to OPEC?
Very important, most of OPEC 's member countries are there.
Why is the U.S. not part of OPEC?
America is not part of OPEC (Organization of PetroleumExporting Countries) because we do not export oil - only a very small amount. Also, OPEC was created by and for the participating countries (majorly middle east and third world) to guarantee that they would profit from America's use of oil - we are the biggest consumers of oil in the world.
What impact can OPEC decisions have on the world?
The roe of OPEC is to regulate the petroleum industries among member countries. OPEC stands for Organization of the Petroleum Exporting Countries.
Which is very influential heredity or environment?
Both are influential.
How does OPEC influence the world politic?
OPEC influences world politics by wielding significant power over global oil prices through production decisions and policies. By controlling a large portion of the world's oil reserves, OPEC countries can leverage their influence to shape geopolitical relationships and negotiations with other nations. Additionally, OPEC's decisions can impact energy security, economic stability, and international relations across the globe.
How do you use influential in a sentence?
Mrs. Sterdt is very influential.
What is the organization that controls much of the world's oil supply?
OPEC
Why was OPEC created?
To regulate petroleum prices around the world.
What percentage of the world's oil supply is produced by OPEC?
40 percent
What is the country that imports the second most oil from OPEC in the world?
Japan
