OPEC

The Organization of the Petroleum Exporting Countries (OPEC) is made up of Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela; since 1965, its international headquarters have been in Vienna, Austria. The principal aim of the Organization, according to its Statute, is the coordination and unification of the petroleum polices of its member countries and the determination of the best means for safeguarding their interests, individually and collectively; devising ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing nations, an efficient, economic and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry.

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Algeria: The People's Democratic Republic of Algeria (Arabic: ????????? ????????? ??????????? ???????) , or Algeria (Arabic: ???????), is a presidential state in north Africa, and the second largest country on the African continent, Sudan being the largest. It is bordered by Tunisia in the northeast, Libya ...

Indonesia: The Republic of Indonesia is located in the Malay Archipelago, the world's largest archipelago, between Indochina and Australia, between the Indian and Pacific Oceans. It is the most populous Muslim-majority nation in the world and the fourth most populous overall. It has had free elections since th...

Iran: Iran (Persian: ?????) is a Middle Eastern country located in Southwest Asia bordering Azerbaijan, Armenia, and Turkmenistan to the north, Pakistan and Afghanistan to the east, Turkey and Iraq to the west. Although locally known as Iran at least since the Sassanian period, until 1935 the country was ...