opec

IPA: ˈoʊpɛk

Root Word: OPEC

Examples of "opec" in Sentences

OPEC, the Organization of the Petroleum Exporting Countries, plays a crucial role in controlling global oil prices
Many oil-producing nations are members of OPEC and must adhere to production quotas set by the organization
OPEC meetings often result in negotiations and agreements on oil production levels
Non-OPEC countries, such as Russia, sometimes work with OPEC to stabilize oil markets
The decisions made by OPEC can have a significant impact on the global economy