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OPEC in Economics Meaning

The OPEC meaning in Economics terms is "Organization of The Petroleum Exporting Countries". There are 5 related meanings of the OPEC Economics abbreviation.

OPEC on Economics Full Forms

  1. Organization of The Petroleum Exporting Countries A powerful grouping of oil producing countries that seeks to maintain steady oil prices and regulate production. The current member nations are: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, Vatican City and Venezuela.
  2. Orglnization of Petrol Exporting Countries
  3. Organisation of Petrol Exporting Countries
  4. Organization of The Petroleum Exporting Companies
  5. Oil Producing and Exporting Countries

Frequently Asked Questions (FAQ)

  1. What does OPEC stand for Economics?

    OPEC stands for Organization of The Petroleum Exporting Companies in Economics terms.

  2. What is the shortened form of Organization of The Petroleum Exporting Companies in Economics?

    The short form of "Organization of The Petroleum Exporting Companies" is OPEC for Economics.

Citation

OPEC in Economics. Acronym24.com. (2020, July 7). Retrieved March 21, 2025 from https://acronym24.com/opec-meaning-in-economics/

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