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12 in 2011[hide] Algeria Angola Ecuador Iran Iraq Kuwait Libya Nigeria Qatar Saudi Arabia United Arab Emirates Venezuela
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What are the two counties that belongs to OPEC?
As of October 2023, the two countries that belong to OPEC (Organization of the Petroleum Exporting Countries) are Venezuela and Saudi Arabia. OPEC is an intergovernmental organization of oil-producing countries that coordinates their petroleum policies to stabilize oil markets and secure a steady supply of oil.
What is OPEC what countries are a part of OPEC?
egypt (A+)
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 known as OPEC?
The organization that is known as OPEC is the Organization of Petroleum Exporting Countries. This organization has a goal of producing steady income for countries that are members of OPEC.
What organization is known as OPEC?
The organization that is known as OPEC is the Organization of Petroleum Exporting Countries. This organization has a goal of producing steady income for countries that are members of OPEC.
Which countries are non-OPEC countries?
Egypt
Do only Arab countries belong to OPEC?
This is false. Four OPEC members are non-Arab countries.
Is southwest Asia part of OPEC?
Not all Southwest Asian countries are part of OPEC but over half of OPEC's membership comes from Southwest Asia and a good number of Southwest Asian countries are OPEC members.
Why was the US vulnerable to OPEC?
The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
What does the acronym OPEC stand for?
OPEC stands for Organization of the Petroleum Exporting Countries.
How many countries are in OPEC?
13
Where is OPEC located?
The headquarters of OPEC are located in Vienna, Austria.
