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Organization of Petroleum-Exporting Countries > noun, group
MeaningAn organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum.
SynonymsOPEC
MembersAlgeria, Algerie, Democratic and Popular Republic of Algeria; Egypt, Arab Republic of Egypt, United Arab Republic; India, Republic of India, Bharat; Indonesia, Republic of Indonesia, Dutch East Indies; Iran, Islamic Republic of Iran, Persia; Iraq, Republic of Iraq, Al-Iraq, Irak; Kuwait, State of Kuwait, Koweit; Libya, Socialist People's Libyan Arab Jamahiriya; Qatar, State of Qatar, Katar, State of Katar; Saudi Arabia, Kingdom of Saudi Arabia; United Arab Emirates; Venezuela, Republic of Venezuela
Broaderoil cartel; world organization, world organisation, international organization, international organisation, global organization

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