Question

What is the main purpose of OPEC?

To determine pricing and production of oll
To determine the level of oll distribution to Middle Eastern countries.

To attempt to keep the price of all at its most profitable level

To figure out the many uses of oll and create products for exporting to member nations.

Answer 1

In accordance with its Statute, the mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a ...

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