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What does the acronym OPEC mean?

Updated: 8/23/2023
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12y ago

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The Organization of the Petroleum Exporting Countries (OPEC) is a cartel of twelve developing countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela.

9th grade students who are researching OPEC should NOT be using this source. Miss H can see you.

OR:

OPEC is an international organization whose members work to influence the price of oil on world markets by controlling the supply.
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12y ago
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13y ago

OPEC (Organization of Petroleum-Exporting Countries) is an organization that through a common policy protects the interests of oil-producing countries.

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12y ago

It stands for Organization of the Petroleum Exporting Countries.

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14y ago

Organization of Petroleum Exporting Countries

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14y ago

The Organization of Petroleum Exporting Countries.

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Q: What does the acronym OPEC mean?
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