opec

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الإنجليزية - التركية
petrol ihraç eden ülkeler örgütü
الإنجليزية - الإنجليزية
Organization of Petroleum Exporting Countries
{i} international organization for oil exporting countries that share the same commercial policies
OPEC is an organization of countries that produce oil. It tries to develop a common policy and system of prices. OPEC is an abbreviation for `Organization of Petroleum-Exporting Countries'. Each member of OPEC would seek to maximize its own production. Organization of Petroleum Exporting Countries an organization of countries that produce and sell oil. in full Organization of Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its members. Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela were the original members; they were joined by Qatar (1961), Indonesia and Libya (1962), Abu Dhabi (1967; membership transferred to the United Arab Emirates, 1974), Algeria (1967), and Nigeria (1971). Ecuador (1973) and Gabon (1975) are no longer OPEC members. Policy decisions are taken by consensus at its Vienna headquarters. In 1973 OPEC began a series of oil price increases in retaliation for Western support of Israel in the 1973 Arab-Israeli war, and OPEC members' income greatly increased as a result. Internal dissent, the development of alternative energy sources in the West, and Western exploitation of oil sources in non-OPEC countries subsequently combined to reduce the organization's influence. OPEC countries supply about two-fifths of the world's oil consumption and possess about three-fourths of the world's proven oil reserves
Organization of Petroleum Exporting Countries, emerged as the major petroleum pricing power in1973, when the ownership of oil production in the Middle East transferred from the operating companies to the governments of the producing countries or to their national oil Members are: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela
(Organization of Oil-Exporting Countries) is the country code for the group of oil-exporting countries
is the abbreviation for Organization of Petroleum Exporting Countries, Vienna, founded in 1960 In addition to the Arabian oil producing countries of OAPEC, it also has other oil producing countries as members The aim of the organisation is to co-ordinate national and international oil policy objectives, to increase and secure its members' income from oil exports, and to achieve participation by the oil producing countries in their oil fields
Organization of Petroleum Exporting Countries Coordinates petroleum policies of thirteen major oil-producing countries In early 1987 members included Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela
The acronym for the Organization of Petroleum Exporting Countries, consisting of those countries organized for the purpose of negotiating with oil companies on matters of oil production, price, and future concession rights Current members are Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela
The Organization of Petroleum Exporting Countries (OPEC) took advantage of the growing demand for petroleum to raise oil prices significantly, surprising the American automobile industry and setting off a spiral of inflation
Organization of Petroleum Exporting Countries, established in 1961with the aim of formulating a common policy on tariffs
An international oil cartel originally formed in 1960 and including in 1983: Saudi Arabia, Kuwait, Iran, Iraq, Venezuela, Quatar, Libya, Indonesia, United Arab Emirates, Algeria, Nigeria, Ecuador, and Gabon
Organization of Petroleum Exporting Countries Cartel of 13 major oil-exporting nations Members: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Nigeria, Saudi Arabia, United Emirate States, and Venezuela
The acronym for the Organization of Petroleum Exporting Countries, oil-producing and exporting countries that have organized for the purpose of negotiating with oil companies on matters of oil production, prices, and future concession rights Current members are Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela
- the Organization of Petroleum Exporting Countries is an international cartel of thirteen nations designed to promote collective pricing of petroleum, unified marketing policies, and regulation of petroleum extraction
Organization of Petroleum Exporting Countries, emerged as the major petroleum pricing power in 1973, when the ownership of oil production in the Middle East transferred from the operating companies to the governments of the producing countries or to their national oil companies Members are
See: Organization of Petroleum Exporting Countries
Organisation of Petroleum Exporting Countries Group of oil-producing nations which attempts to set world oil prices by controlling production Powerful in the 1960s & 70s, but has lost clout due to internal squabbling & shoddy discipline
OPEC, or the Organization of Petroleum Exporting Countries, was established in 1960 by five states: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela The primary intention of OPEC was to establish a cartel-like arrangement among the main oil producing countries to maintain a price structure that would reflect the interests of its member states, rather than of the oil companies, which had been able to largely dictate both price and production levels Click here to read a brief history of OPEC written from the perspective of the organization itself
A cartel of oil-producing countries
Organization of Petroleum Exportating Countries The OPEC is an intergovernmental organization created at the Baghdad Conference in 1960, which gathers 12 countries : Algeria, Saudi Arabia, the United Arab Emirates, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Venezuela) The members of OPEC are countries in which 30% at least of the goods exportations are made by petroleum and gas Their economy is highly dependant on the evolution of petroleum prices (In French : OPEP)
Organization of Oil Producing Countries
an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
Organisation of Petroleum Exporting Companies

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the OPEC cartel
International organization of countries that produce oil
opec
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