Question

OPEC was formed in 1960 in order to ? well i said. To coordinate the interests of producing countries by regulating oil prices. but im not sure..... the answers are, A. enhance oil and natural gas production technologies among member states.

(B.) coordinate the interests of producing countries by regulating oil prices.
C. negotiate the interests of OPEC member countries within the United Nations.
D. create a cartel that would control global oil supplies. PLEAS HELP

Answer 1

OPEC or "Organization of Petroleum Exporting Countries", is an organization formed in 1960 by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. It's purpose is to co-ordinate petroleum policies among Member Countries, in order to secure fair prices for petroleum producers. Therefore the answer is (b)