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What does the acronym OPEC mean?

Updated: 8/23/2023
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12y ago

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The Organization of the Petroleum Exporting Countries (OPEC) is a cartel of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.

9th grade students who are researching OPEC should NOT be using this source. Miss H can see you.

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OPEC is an international organization whose members work to influence the price of oil on world markets by controlling the supply.
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13y ago

OPEC (Organization of Petroleum-Exporting Countries) is an organization that through a common policy protects the interests of oil-producing countries.

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It stands for Organization of the Petroleum Exporting Countries.

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14y ago

Organization of Petroleum Exporting Countries

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The Organization of Petroleum Exporting Countries.

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Q: What does the acronym OPEC mean?
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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.


What does the acronym OPEC stand for?

OPEC stands for Organization of the Petroleum Exporting Countries.


WHAT DOES the acronym (OPEC)?

It stands for Organization of the Petroleum Exporting Countries.


What is bad about using cruide oil?

one acronym: OPEC


The organization of petroleum exporting countries is abbreviated to what acronym?

OPEC


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 does the acronym aggression mean?

The acronym AGGRESSION stands for A: Anger, G: Goal, G: Give, R: Response, E: Emergency, S: Stay Safe, S: Stay calm, I: Intuition, O: Observe behavior, N: Negotiate.


What do you mean by OPEC and write down the member's name of OPEC?

OPEC stand for ORGANIZATION OF PETROLEUM EXPORTING COUNTRIES. THE MEMBERS OF OPEC ARE FOLLOWING: 1 SAUDI ARABIA 2 KUAIT 3 IRAN 4 IRAQ 5 UAE 6 LIBYA


What does najang mean?

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What does the OPEC mean?

It stands for Organization of the Petroleum Exporting Countries.


What does BUFU mean?

The acronym may mean "by us for us" and may be a misstatement of the acronym FUBU.


Who owns OPEC?

opec