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File:Flag of OPEC.svg. Size of this PNG preview of this SVG file: 500 × 300 pixels. Other resolutions: 320 × 192 pixels | 640 × 384 pixels | 1,024 × 614 pixels | 1,280 × 768 pixels | 2,560 × 1,536 pixels. Original file (SVG file, nominally 500 × 300 pixels, file size: 1 KB) This is a file from the Wikimedia Commons.
January 1961 (63 years ago) (January 1961) Website. opec.org. The Organization of the Petroleum Exporting Countries (OPEC, / ˈoʊpɛk / OH-pek) is a cartel enabling the co-operation of leading oil-producing and oil-dependent countries in order to collectively influence the global oil market and maximize profit.
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US$43,701. Website. osce.org. The Organization for Security and Co-operation in Europe (OSCE) is a regional security-oriented intergovernmental organization comprising member states in Europe, North America, and Asia. Its mandate includes issues such as arms control, the promotion of human rights, freedom of the press, and free and fair ...
Symbol. Title. Name of Symbol. Picture. National flag. Flag of Saudi Arabia. Coat of arms. Coat of arms of Saudi Arabia. National anthem.
Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month. In ...
opecfund.org. The OPEC Fund for International Development (OPEC Fund) is an intergovernmental development finance institution established in 1976 by the member states of the Organization of the Petroleum Exporting Countries (OPEC). The OPEC Fund was conceived at the Conference of the Sovereigns and Heads of State of OPEC Member Countries, which ...
OPEC then reduced production in 2016 to raise prices, further worsening relations with the United States. [ 14 ] By 2012, only 7% of the world's known oil reserves were in countries that allowed private international companies free rein; 65% were in the hands of state-owned companies that operated in one country and sold oil to multinationals ...