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The Organization of the Petroleum Exporting Countries is an intergovernmental organization made up of 13 oil producing nations.
Did you know that there are currently twelve countries that make up OPEC?
The 11 countries which make up the Organization of Petroleum Exporting Countries (OPEC) produce about 40 percent of the world's oil and hold more than 77 percent of the world's proved oil reserves.
OPEC is the single largest factor that affects the cost of gasoline. Find out how OPEC affects the price of gas and learn which countries make up OPEC.
OPEC is the single largest factor that affects the cost of gasoline. Find out how OPEC affects the price of gas and learn which countries make up OPEC.
(Minneapolis) Major oil-producing countries announced yesterday that they will keep the supply of oil unchanged. Those countries make up what's called OPEC, Ben Tracy reports (2:45).
The Organisation of Petroleum Exporting Countries (Opec) producer group in January agreed to raise output to compensate for lower supplies from Venezuela, where an oil workers strike is now in its ...
So we will obliterate Iran, break up OPEC, and put the nuclear shield on all countries around Isreal, give a gas tax cut, get the money grubbers and what's next?
Data on OPEC's January production from Platts shows that production went up by 500,000 barrels/day.
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