answersLogoWhite

0

Why was OPEC sent up?

Updated: 8/22/2023
User Avatar

Wiki User

11y ago

Best Answer

The OPEC was founded to unify petroleum policies and stabalize markets.

User Avatar

Wiki User

16y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

12y ago

To know on how much oil to produce and to keep the cost higher than it should be.

This answer is:
User Avatar

User Avatar

Wiki User

11y ago

for oil

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why was OPEC sent up?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

How did OPEC react to the Yom Kippur War?

OPEC responded with an embargo of the United States (which had sent materiel to Israel in the late stages of that war), which resulted in the Arab Oil Embargo of 1973.


Did the OPEC react to the Yom Kippur War?

Yes, it did. OPEC responded with an embargo of the United States (which had sent materiel to Israel in the late stages of that war), which resulted in the 1973 oil crisis.


When was OPEC set up?

OPEC was formed between September 10-14 1960, and was in effect January 1961.


Will Iraq join OPEC with all the oil it has and could this fact cause the currency to go up?

OPEC was founded in Baghdad in 1960. Iraq is already an OPEC country. www.opec.org


How did the oil embargo end up hurting OPEC?

yer or no?


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.