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opec::noun | Spocien Dictionary
Examples of opec
opec
Most of the world's spare capacity lies in OPEC nations, primarily Saudi Arabia.
From the delawareonline.com
The OPEC country also sits atop the biggest oil reserves in the whole of Africa.
From the telegraph.co.uk
Output would be the lowest since 416,000 barrels in 2003, based on OPEC figures.
From the bloomberg.com
Oil prices tumbled on the Nymex, after OPEC cut its 2009 energy demand forecast.
From the fresnobee.com
That's 1.1 million barrels a day below November's actual output, OPEC data show.
From the businessweek.com
For one thing, Mr Daukoru insists that OPEC will do something to stem the slide.
From the economist.com
For each dollar China handed to OPEC, 64 cents flowed back in increased exports.
From the economist.com
Schumacher predicted the rise of OPEC and many of the problems of nuclear power.
From the en.wikipedia.org
Crude accounts for about 94 percent of export revenue for OPEC member Venezuela.
From the forbes.com
- Organization of Petroleum-Exporting Countries: an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
- Organization of Petroleum Exporting Countries. Established in 1960, this cartel had a membership of 13 producers by 1975. OPEC was successful in engineering enormous increases in the price of crude oil during 1973-74 and 1979-80. ...
- The Organization of Petroleum Exporting Countries (OPEC), a cartel of mostly Middle East Arab nations, united behind an Arab boycott and cut off oil sales to the West in 1973. This greatly increased the cost of oil and caused consternation throughout the industrial world.
