because its a rich country
The formation of the Organization of Petroleum Exporting Countries (OPEC) occurred in September of 1960 at the Baghdad Conference, It was created by five countries which included Kuwait, Venezuela, Iran, Iraq, and Saudi Arabia. As of 2014, there are 12 member countries. OPEC's goal was to have more control over oil prices and their petroleum resources.
OPEC would never trade with the country that rose the price of petroleum.
Since the 1970's 80% of the oil in the US comes from OPEC. Before 1970 the USnproduced 80% and imported 20%.
Their economies rely heavily on exports.
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.
OPEC is an organisation, not a place, so no country is located in it. Egypt is not a member of OPEC.
No
Saudi Arabia has been the dominant member of OPEC and maintained the highest share of OPEC oil export revenues. Other top OPEC oil exporters included Iran, Venezuela, Iraq, and Nigeria.
OPEC is a worldwide consortium of oil exporting countries - there isn't one country or region which defines OPEC.
According to AESC the US is the biggest OPEC customer.
because its a rich country
Venezuela is a Spanish-speaking country that is a member of OPEC (Organization of the Petroleum Exporting Countries).
Indonesia
Venezuela
UAE
No. OPEC Members are all oil producing countries. Germany is not an oil producing country.