The Middle East countries were not really aware of the concentration of oil wealth until World War 2, when demand for oil rose sharply. Thus, oil-producing states established the OPEC to promote their interest in higher revenues.
The Organization of Petroleum Exporting Countries (OPEC) unites countries that are major oil producers. Its primary function is to coordinate and regulate the petroleum policies of its member countries to ensure stable and sustainable oil markets. OPEC aims to secure fair prices for both producers and consumers, as well as to promote investments in the oil industry.
The main function of the OPEC is to help with Petroleum needs in poor countries such as Kenya
The answer to this question depends on the meaning of the term "reliant on oil". Every country on this planet requires petroleum to function since gasoline-fueled cars, buses, trains dominate the world. If, however, you are referring to countries dependent on the export of petroleum, there are several countries which do not have petroleum at all or have insufficient quantities of petroleum to export. The Levant countries of Israel, Palestine, Jordan, Syria, and Lebanon are all petroleum importers as is Turkey.
function of caribbean tourism organization
financial functions of a business organization
structure and function
Heirarchy
The main function of an organization is to promote, support, and help the community. Many times these organizations also help other communities.
Powers Organization Purpose
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It was the function of the organization to check the validity of the prospective employee's applications.
The core and support function in an organization is marketing and distribution. Support functions are known to facilitate the core operations of the business.