answersLogoWhite

0

Subjects>Travel & Places>Travel Destinations

What are the disadvantages of OPEC?

User Avatar

Anonymous

∙ 10y ago
Updated: 9/1/2023

The disadvantages of OPEC are not much. Since they hold most of the world's oil and gas supply, they do need buyers and clients. This, of course, are countries like the U.S. that heavily need and rely on Arab oil. Within OPEC, however, some of the disadvantages may include quarreling between members states that want more of a share in the profits of production.

User Avatar

Wiki User

∙ 10y ago
Copy

What else can I help you with?

Related Questions

Who owns OPEC?

opec


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 is the population of OPEC?

OPEC's population is 372,368,429.


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.


Is Laos is present OPEC?

Is Laos is present OPEC?


How do you use OPEC in a sentence?

OPEC is so silly


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.


When was OPEC established?

opec was established in 1988 by MARTINUS MATHURIN


Is Afghanistan a member of OPEC?

yes Pakistan is a member of OPEC.

Trending Questions
If cab fare is 60 dollars how much is the tip in New York? What is Guatemala's form of currency? When is the festival of peace day in Japan? What are the first seven words of the preamble to the constituion? Is it hard to get into University of Maryland? What is the average temperature during the winter in Flint Michigan? Do Malaysia have dolphins? Why is Dionysus the only guy to have his throne on the women's side? How many hours does it take to get to Bangladesh to America? What subject did Ida b wells focus on as a mucker? What companies offer spread betting in the UK? Elevation green river Wyoming? Where is the Grantwood Village Preservation Society in St. Louis Missouri located? Have a nice vacation? What is the postcode for Xieng Yeun Village in Vientiane? How much is it to hire out a bonkers bus in Glasgow? How long does it take USPS mail from North Carolina to Augusta Georgia? What were the movements of the Israelites over the course of their history Where did they move from and move to and explain why they moved each time? What are the three major religions in Mexico? Why some people believe that vikings traveled in Oklahoma?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.