Question

Which is a main goal of OPCE

Answer 1

The purpose of OPEC for members is to "coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers,

Answer 2

Answer: to increase the price of oil around the world

OPEC is an organization of the petroleum and exporting countries with 13 nations that are founded on the 14 Sept 1960 in Baghdad by the Iran, Kuwait, Venezuela and the Saudi Arabia as main members.

These 14 members account for 44% of the global oil production and about 81% of the world's oil reserves. The OPEC is responsible for the stabilization of the prices and resolution of any disputes regarding the oil prices in the world.