OPEC

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OPEC Meaning and Definition in Dictionary

Definitions from Wordnet 2.0


  • an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum

Definitions from Wiktionary


  • an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum

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OPEC Meaning and Definition in Wikipedia


The Organization of the Petroleum Exporting Countries (OPEC) is an international organization. Since 1965, the headquarters of OPEC is in Vienna, Austria.

12 countries are members of OPEC. The names of these countries are:



OPEC Sample Sentences in News


  • OPEC Oil Output Highest Since 2012
    OPEC's oil supply jumped to its highest in almost two years in September, a Reuters survey found, due to further recovery in Libya and higher output from Saudi Arabia and other Gulf producers in the face of sub-$100 per barrel oil prices. Read more on this news related to 'OPEC'
  • OPEC oil output hits highest since 2012 on Libya, Saudi-Reuters Survey
    * Supply rises by 810,000 bpd, led by Libya * Saudi pumps more, other Gulf members keep supply flat * OPEC output highest since November 2012 - Reuters By Alex Lawler LONDON, Sept 30 (Reuters) - OPEC's oil supply jumped to its highest in almost two years in September, a Reuters survey found, due to further recovery in Libya and higher output from Saudi Arabia Read more on this news related to 'OPEC'
  • News Of OPEC's Death Might Not Be An Exaggeration
    Reports about the death of the Organization of Petroleum Exporting Countries (OPEC) have generally proved to be as accurate as reports about the death of Mark Twain - until now. Read more on this news related to 'OPEC'

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