Iran, Iraq, Kuwait, Saudi Arabia and Venezuela ! )
founded in 1960
headquartered in Vienna
2015 – 42% of world’s
oil production and 73% of the "proven" oil reserves.OPEC's stated mission is to
"coordinate and unify the petroleum policies of its member countries
ensure the stabilization of oil markets, in order to
secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.“
A significant provider of information about the international oil market.
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