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The Organization of the Petroleum Exporting Countries (OPEC, / ˈ oʊ p ɛ k / OH-pek) is an organization enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit.
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Preceding the 1973 oil crisis, the Seven Sisters controlled...
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The Arun gas field is a natural gas field located in the...
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Ilich Ramírez Sánchez (Spanish: [iˈlitʃ raˈmiɾes ˈsantʃes];...
- Proven Reserves
Map of countries with proven oil reserves - according to US...
- World Oil Market Chronology From 2003
A September 26 OPEC meeting [121] led to a decision to...
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An international armed conflict (IAC) between the United...
- Kuwaiti Oil Fires
Oil well fires, south of Kuwait City. (Photo taken from...
- Seven Sisters
3 days ago · OPEC is a multinational organization that coordinates the petroleum policies of its members and provides technical and economic aid. Learn about its origins, membership, organization, and controversies over its influence on oil prices and production.
OPEC (Organization of the Petroleum Exporting Countries) is an intergovernmental organization oil demand supply market upstream downstream Vienna Austria.
Learn about OPEC, a permanent intergovernmental organization of 12 oil-exporting developing nations that coordinates and unifies the petroleum policies of its Member Countries. Find out the history, structure and functions of OPEC and its Secretariat.
Learn about the origins, objectives and evolution of OPEC, a permanent, intergovernmental Organization created in 1960 by five oil-producing developing countries. Explore the key events, challenges and achievements of OPEC in the global oil market and the international energy landscape.
OPEC is an intergovernmental organization of 12 countries that produce and export crude oil. It was founded in 1960 by five countries and has undergone several changes in membership over the years.
Sep 9, 2024 · OPEC is an organization that controls petroleum production, supplies, and prices in the global market. The group was established in 1960 and is made up of 12 different oil-producing companies.