OPEC
OPEC
OPEC
Group of oil-exporting nations that worked together to regulate the price and supply of oil.
Arab nations exporting oil began an embargo
Arab nations exporting oil began an embargo
Arab nations exporting oil began an embargo
OPEC - The Organization of the Petroleum Exporting Countries
OPEC is the Organization of the Petroleum Exporting Countries. It is an international organization and economic cartel that consists of the major oil-exporting nations in the world. Its main goal was to stop the world's largest oil refiners and producers from lowering oil prices. They wanted to gain control over the price of oil.
The Organization of the Petroleum Exporting Countries(OPEC) is made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Henceforth, any country that is not one of those is not part of the OPEC.
The oil exporting part or Terminal of Oman is Al Fahal
Organization of Petroleum Exporting Countries (OPEC)
Sudan began exporting crude oil in 1999. Theyre main buyer was china.