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Which of the following countries was not a founding member of OPEC?
Wiki User
∙ 7y ago
Wiki User
∙ 14y agoIt is the U.S.A , England and some former Russian countries who are now a independent country today.
Wiki User
∙ 11y agoUSA, among many countires that don't mass-prodcuce oil are not members of OPEC
Wiki User
∙ 7y agoQatar, or perhaps Libya. These are only educated guesses, as the question was missing the list of possible answers.
Wiki User
∙ 12y agoEgypt
Wiki User
∙ 11y agoBolivilia
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Which was a major cause of the energy crisis in the early 1970s?
OPEC refused to sell oil to the United States The OPEC embargo on oil sales to countries supporting Israel The conflict over Israel
What best describes the majority of countries in OPEC?
They are not extensively industrialized. Their economies rely heavily on exports.
Benefits of OPEC?
The OPEC is a body that links the major oil producing countries and provides a framework of how they will do the production and marketing. It gives them collective bargaining to get the best prices.
Who is the current president of OPEC?
JOSE BOTELHO DE VARCONCELOS
Example of a cartel?
An example of a cartel would be OPEC. Hope this helps, Hershey
Which countries helped form the OPEC organization?
The Organization of the Oil Producing Countries (OPEC) was formed in 1960 by founding members:IranIraqKuwaitSaudi ArabiaVenezuelaThe following countries have since been added to the membership:Qtar in 1961Indonesia and Libya in 1962 (Indonesia suspended membership as of 2009)The United Arab Emirates in 1967Algeria in 1969Nigeria in 1971Ecuador in 1973Gabon in 1975 (terminated membership in 1995)Angola in 2007OPEC currently has 12 member countries.
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
How important is the Persian Gulf to OPEC?
Very important, most of OPEC 's member countries are there.
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.
Why was Organization of Petroleum Exporting Countries (OPEC) founded in 1960?
OPEC was founded in 1960 to unify and coordinate the policies of oil-producing countries to ensure stable oil prices and a steady income for member countries. The founding members, Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela, sought to reduce the influence of foreign oil companies and regain control over their resources. OPEC's mission was also to provide a forum for member countries to discuss and address common oil-related issues.
Is Germany a member of OPEC?
No. OPEC Members are all oil producing countries. Germany is not an oil producing country.
Who are the 3 former members of opec?
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
Which of these countries is a member of OPEC?
There are so many countries which are members of OPEC. Some of them include Libya, Nigeria, Algeria, Angola, Venezuela and so many more.
What 13 countries are OPEC members?
The member countries in OPEC are: * Algeria * Angola * Ecuador * Iran * Iraq * Kuwait * Libya * Nigeria * Qatar * Saudi Arabia * UAE * Venezuela
Is Afghanistan a member of OPEC?
yes Pakistan is a member of OPEC.
Is Chile a member of OPEC?
No. Although Mexico is a major oil exporting country, it does not belong to the OPEC (Organization of the Petroleum Exporting Countries).
Is Sudan an OPEC member?
No. Yemen is not a member due to its low oil production and proven reserves.
