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InterviewSolution
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What Is The Purpose Of Forming Opec? |
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Answer» It is a collection of countries which produces crude OIL and is founded in 1960, in order to regulate the process of EXPORT of their crude oil to the other countries of the WORLD and to decide the crude oil prices. Together OPEC’s 12 member countries supplies about 40% of the world’s oil SUPPLY. It is a collection of countries which produces crude oil and is founded in 1960, in order to regulate the process of export of their crude oil to the other countries of the world and to decide the crude oil prices. Together OPEC’s 12 member countries supplies about 40% of the world’s oil supply. |
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