The Organization of the Petroleum Exporting Countries (OPEC) was founded in 1960 and consists of 13 member countries, primarily from the Middle East, Africa, and South America. OPEC's primary goal is to coordinate and unify petroleum policies among its members to ensure stable oil prices and secure a fair income for oil-producing nations. The organization plays a significant role in the global oil market, influencing production levels and prices. OPEC also works closely with non-member countries, notably through the OPEC+ alliance, to manage oil supply.
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
What are the organs of opec
where is the head quarter of opec
egypt (A+)
The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
opec
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
What are the organs of opec
where is the head quarter of opec
OPEC's population is 372,368,429.
egypt (A+)
OPEC is an organisation, not a place, so no country is located in it. Egypt is not a member of OPEC.
Is Laos is present OPEC?
OPEC is so silly
The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
OPEC controls most of the worlds oil source.
Opec wants Oman to be a member, but Oman would not accept the terms and conditions of OPEC