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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.
Who is a leading producer of petroleum and a member of OPEC?
Saudi Arabia is one of the leading producers of petroleum and a member of the OPEC, but Nigeria is also a leading producer of petroleum.
Full form of OPEC?
Organization of petroleum exporting countries.
Why was OPEC created?
To regulate petroleum prices around the world.
What organization is known as 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.
How would an OPEC nation feel about the rising cost of petroleum?
Money
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 OPEC?
The OPEC was founded to unify petroleum policies and stabalize markets.
Who is a leading producer of petroleum and a member of OPEC?
Saudi Arabia is one of the leading producers of petroleum and a member of the OPEC, but Nigeria is also a leading producer of petroleum.
What does the acronym OPEC stand for?
OPEC stands for Organization of the Petroleum Exporting Countries.
Is Lebanon a member of the OPEC?
No. Israel has no petroleum to export, so cannot legitimately aspire to membership in any organization of petroleum exporting countries. Even if Israel had petroleum to export, it is unlikely that it would be able to join OPEC because over half of that organization's membership does not recognize the State of Israel.
Group of countries that export petroleum?
OPEC
How fair is OPEC in controlling these prices?
OPEC is the organization of petroleum exporting countries. OPEC rolls out regulations to control the prices of petroleum products in fair markets by determining production of oil in various locations.
How fair is OPEC in controlling prices?
OPEC is the organization of petroleum exporting countries. OPEC rolls out regulations to control the prices of petroleum products in fair markets by determining production of oil in various locations.
Where is OPEC located?
The headquarters of OPEC are located in Vienna, Austria.
What do the OPEC stand for?
Organiza of the petroleum exporting countries
OPEC headquarters location?
The headquarters of OPEC (Organization of the Petroleum Exporting Countries) is located in Vienna, Austria.
