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Which of these countries is a member of OPEC?

There are so many countries which are members of OPEC. Some of them include Libya, Nigeria, Algeria, Angola, Venezuela and so many more.


What is OPEC what countries are a part of OPEC?

egypt (A+)


Why is the OPEC less powerfull now?

Opec controls significantly less of the worlds oil supply than it used to. As many countries that have discovered oil have not joined OPEC.


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.


Which countries are non-OPEC countries?

Egypt


What is the organization 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.


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.


Do only Arab countries belong to OPEC?

This is false. Four OPEC members are non-Arab countries.


Is southwest Asia part of OPEC?

Not all Southwest Asian countries are part of OPEC but over half of OPEC's membership comes from Southwest Asia and a good number of Southwest Asian countries are OPEC members.


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 does the acronym OPEC stand for?

OPEC stands for Organization of the Petroleum Exporting Countries.


Where is OPEC located?

The headquarters of OPEC are located in Vienna, Austria.