OPEC. A collective of countries founded in 1960 that choose to collaborate in order to manage the exportation of their crude oil to the rest of the world. Because of their ability to adjust production levels, they possess a great deal of influence on the price of oil.
Related information about Organization of Petroleum Exporting Countries:
- OPEC : Home
OPEC (Organization of the Petroleum Exporting Countries) is an intergovernmental organization dedicated to stability in and shared control of the petroleum ...
- OPEC - Wikipedia, the free encyclopedia
The Organization of the Petroleum Exporting Countries is an intergovernmental organization of twelve oil-producing countries made up of Algeria, Angola, ...
- Organization Of Petroleum Exporting Countries (OPEC) - Investopedia
An organization consisting of the world's major oil-exporting nations. The Organization of Petroleum Exporting Countries (OPEC) was founded in 1960 to ...
- Organization of Petroleum Exporting Countries — Infoplease.com
Organization of Petroleum Exporting Countries , multinational organization that coordinates petroleum policies and economic aid among oil-producing.
- Organization of the Petroleum Exporting Countries News - The New ...
Dec 14, 2011 ... Commentary and archival information about the Organization of Petroleum Exporting Countries (OPEC) from The New York Times.
- Organization of Petroleum Exporting Countries
The Organization of Petroleum Exporting Countries was created in 1960. Its founders were Venezuela, Iran, Iraq and Kuwait. Since then, a few other major ...
- Organization of Petroleum-Exporting Countries - The Free Dictionary
Organization of Petroleum-Exporting Countries. Also found in: Financial, Encyclopedia, Wikipedia, 0.02 sec. ThesaurusLegend: Synonyms Related Words ...
- OPEC (multinational organization) -- Britannica Online Encyclopedia
Multinational organization that was established to coordinate the petroleum policies of its members and to provide member states with technical and economic ...