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To stabilize oil prices,eliminate uneccesary competition among oil nations and be able to bargain for good prices on the world market
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∙ 13y ago
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Where is the headquater of opec?
where is the head quarter of opec
What is OPEC what countries are a part of OPEC?
egypt (A+)
What are the organs of OPEC company?
What are the organs of opec
Who are the 3 former members of opec?
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
Why was the US vulnerable to OPEC?
The US is vulnerable to OPEC because of the oil import. There is about 40% oil in OPEC countries.
What is OPEC's purporse?
OPEC refers to an organization formed by petroleum exporting states. It's purpose is to regulate amount of oil being produced as well as control its prices.
What is a 4 letter word for a group of nations with a common purpose that ends with c?
Opec.
For what purpose was OPEC created?
OPEC is an alliance formed by the oil producing countries of the world who collude and decide on how much oil to produce, keeping the cost higher than it should be.
Who owns OPEC?
opec
Where is the headquater of opec?
where is the head quarter of opec
What is the population of OPEC?
OPEC's population is 372,368,429.
What is OPEC what countries are a part of OPEC?
egypt (A+)
What are the organs of OPEC company?
What are the organs of opec
Who are the 3 former members of opec?
Saudia Arabia opec OPEC oil reserves OPEC oil crisis
Is Egypt located in OPEC?
OPEC is an organisation, not a place, so no country is located in it. Egypt is not a member of OPEC.
How do you use OPEC in a sentence?
OPEC is so silly
Is Laos is present OPEC?
Is Laos is present OPEC?
