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OPEC stands for the Organization of Petroleum Exporting Countries - a sort of coalition of nations that all consistently export oil.
OPEC was founded at a meeting on September 14, 1960 in Baghdad, Iraq by five founding members: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela.
Since then Qatar (1961), Indonesia (1962), Socialist People's Libyan Arab Jamahiriya (1962), United Arab Emirates (1967), Algeria (1969), and Nigeria (1971) have joined the organization.
Wiki User
∙ 6y ago
Wiki User
∙ 13y agoOrganization of Petroleum Exporting Countries
Wiki User
∙ 11y agoOPEC = Organization of Petroleum Exporting Countries. It regulates and manipulates the price and availability of petroleum.
Wiki User
∙ 6y agoOPEC is Organization of the Petroleum Exporting Countries.
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What does the acronym ICAN stand for?
There are many different possible organizations and businesses that the acronym ICAN could stand for. This acronym could stand for the International Cesarean Awareness Network. This acronym could also stand for the Independent Community Arts Network.
What is the name of letters that stand for a name?
Letters that stand for parts of a name are called initials.
What does the acronym CORNER stand for?
There is no acronym with the letters CORNER. It does not stand for anything because it does not exist. No concept or organization uses the acronym CORNER.
What does the acronym LR stand for?
The acronym LR stands for Long Range.
What does the acronym AC stand for?
The acronym AC stands for Before Meals.
What does the acronym OPEC stand for?
OPEC stands for Organization of the Petroleum Exporting Countries.
Is OPEC a noun?
OPEC is an acronym. An acronym is an abbreviated form of a term of two or more words. The acronym OPEC is a shortened form of Organization of Petroleum Exporting Countries, which represnts (currently 14) oil producing countries. The acronym OPEC functions in a sentence as a noun, a word for a thing.
The organization of petroleum exporting countries is abbreviated to what acronym?
OPEC
WHAT DOES the acronym (OPEC)?
It stands for Organization of the Petroleum Exporting Countries.
What is bad about using cruide oil?
one acronym: OPEC
What does E stand for in OPEC?
exporting.
What Natural Resource does OPEC control the production price and distribution?
The acronym OPEC stands for the Organization of Petroleum Exporting Countries, hence, the specific natural resource with which OPEC is concerned is petroleum (also known as oil).
What do the OPEC stand for?
Organiza of the petroleum exporting countries
What does the acronym ICAN stand for?
There are many different possible organizations and businesses that the acronym ICAN could stand for. This acronym could stand for the International Cesarean Awareness Network. This acronym could also stand for the Independent Community Arts Network.
What is the name of letters that stand for a name?
Letters that stand for parts of a name are called initials.
What does the acronym CORNER stand for?
There is no acronym with the letters CORNER. It does not stand for anything because it does not exist. No concept or organization uses the acronym CORNER.
What does the acronym D.R.I.V.E stand for?
What does the acronym D.R.I.V.E. stand for?
