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It controls the amount of Middle East oil released for sale to the world, and most of the world's oil comes from the middle east. Almost every nation on the planet Earth depends on OPEC to supply their oil requirements.
What else can I help you with?
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
When OPEC stopped shipments of petroleum to the us in 1973 the us did the following except?
We don't have your list of items to be able to answer.
How does OPEC influence the world politic?
OPEC, or the Organization of the Petroleum Exporting Countries, is an intergovernmental agency that coordinates policies to ensure the fair and regular supply of petroleum to other countries in the world. Countries outside of OPEC may seek to maneuver politically to gain favor with OPEC.
How did OPEC increase the power of the middle eastern nations?
As world demand for oil rose,OPEC's power increased.During the 1970s,the middle eastern members showed how the power could be used.In 1973,Arab nations were at war with Israel.Using oil as a political weapon,OPEC stopped oil shipments from the Middle East to countries that support Israel.
How is Caesar able to Gain power in the Government?
He had a group of "secret police" called the Gestapo.
Why is OPEC so powerful?
Because we give them the power, if you limit their power to make money anything is possible
Who was able to use their positions and policies more effectively to gain power Hitler or Stalin?
Stalin
What executive branch controls oil import programs and regulates electric power?
opec
Who owns OPEC?
opec
What is a Decibel power gain?
Generally power is expressed in watts. The gain is the ratio of the output power to the input power. Gain = (output power)/(input power) if the gain is expressed in terms of log(base10) it is known as Decibel power gain Decibel power gain = Log10(Gain)dB if 1milliwatt power is taken as reference then Decibel power gain = Log10(Output power/1 milliwatt)dBm
How was Stalin able to gain power over troskrov?
He killed him. They were friends, but he had him killed. Stalin murdered millions.
What 2 realities have limited opecs power?
OPEC's power has been limited by the rise of non-OPEC oil producers, particularly the U.S. shale oil industry, which has increased global oil supply and reduced dependency on OPEC oil. Additionally, the growing emphasis on renewable energy and climate change initiatives has shifted investment away from fossil fuels, decreasing the long-term demand for oil and undermining OPEC's influence over global markets.
Why was senator Joseph McCarthy able to gain so much political power in the 1950?
Joseph McCarthy was able to wield power due to publicity which increased his approval rating, and gained him a powerful following.
Where is the headquater of opec?
where is the head quarter of opec
