egypt (A+)
This is false. Four OPEC members are non-Arab countries.
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.
No, Canada is not a member of OPEC (Organization of the Petroleum Exporting Countries). OPEC is a coalition of oil-producing countries that work together to regulate the production and price of oil on the global market. Canada is a major oil producer but is not part of this organization.
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.
The roe of OPEC is to regulate the petroleum industries among member countries. OPEC stands for Organization of the Petroleum Exporting Countries.
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.
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.
Egypt
The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
OPEC stands for Organization of the Petroleum Exporting Countries.
OPEC, or the Organization of the Petroleum Exporting Countries, is an intergovernmental agency that coordinates policies to ensure the fair and regular supply of petroleum to other countries in the world. Countries outside of OPEC may seek to maneuver politically to gain favor with OPEC.