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government of india
It is mainly the 'Organization of the Petroleum Exporting Countries' (OPEC).
Paul Horsnell has written: 'Oil Market & Prices' 'Oil markets and prices' -- subject(s): Prices, Petroleum, Petroleum industry and trade, Petroleum products
in India
A market in which no one controls the prices is called
A monopoly controls prices and availability in an industry.
The cartel that controls much of the world's oil supply is known as OPEC, which stands for the Organization of the Petroleum Exporting Countries. Established in 1960, OPEC aims to coordinate and unify the petroleum policies of its member countries to secure fair and stable prices for petroleum producers. It consists of several member nations, primarily from the Middle East, Africa, and South America.
Imports of India include crude petroleum, refined petroleum, electronics, and copper ore. India's exports include refine petroleum, cars, rice, jewelry, and broadcasting equipment.
A market in which no one controls the prices is called
Murli Deora is the Minister of Petroleum and Natural Gas.
kerala
ASSAM