OPEC

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Organization of the Petroleum Exporting Countries
Banner o Organization of the Petroleum Exporting Countries
Banner
Location o Organization of the Petroleum Exporting Countries
Heidquarters Vienna, Austrick
Offeecial leid Inglis
Teep Internaitional cartel[1]
Membership
Leaders
Mohammed Barkindo
Establishment Baghdad, Iraq
• Statute
10–14 September 1960
• In effect
Januar 1961
Currency Indexed as USD per barrel (US$ /bbl)
Wabsteid
www.opec.org

Organization of the Petroleum Exporting Countries (OPEC, /ˈpɛk/ OH-pek; Scots: Organisation o the Petroleum Exportin Kintras, OPEK; or OPEP in several ither leids) is an intergovrenmental organization o 13 naitions, foondit in 1960 in Baghdad bi the first five members (Iran, Iraq, Kuwait, Saudi Arabie, Venezuela), an heidquartert syne 1965 in Vienna.

References[eedit | eedit soorce]

  1. "Glossary of Industrial Organisation Economics and Competition Law" (PDF). OECD. 1993. p. 19. 
  2. "Member Countries". OPEC. Retrieved 29 January 2017.