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Organization of the Petroleum Exporting Countries
From The Free Forex Encyclopedia
The Organization of the Petroleum Exporting Countries, also known as "OPEC," is an intergovernmental organization of 12 oil-exporting countries that coordinates the petroleum policies of its members. Its mission is also to ensure the stabilization of the oil markets to secure a regular and efficient supply of petroleum to consumers, income to producers, and a fair return on capital to industry investors.
Organization of the Petroleum Exporting Countries Home Page [1]
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