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Lyrx [107]
3 years ago
5

Do some research into OPEC (Organization of the Petroleum Exporting Countries). What is it? Why was it founded? When was it foun

ded? Name the member countries of OPEC.
Geography
1 answer:
schepotkina [342]3 years ago
6 0

Answer:

OPEC is an organization that counts 13 countries, who are among the leaders in the oil-exporting business. The organization was founded in 1960, and today there are 13 member states. Those are Indonesia, Libya, the United Arab Emirates , Algeria, Nigeria , Ecuador , Gabon , Angola, Equatorial Guinea, and Congo. The main of organization is to provide stable and functional market and to create petroleum policies.

Explanation:

Although today there are 13 members, there were sixteen at the time.

Qatar who created the organization in 1960 was not a member since 2019. Indonesia was also a member until 2016, and most recently Ecuador is not a part since 2020.

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