OPEC logo

Established in 1960, the OPEC (Organization of the Petroleum Exporting Countries) is a permanent, international organization headquartered in Vienna, Austria.

Its mandate is to coordinate and unify the petroleum policies of its members and to ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.


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