What was the primary reason for establishing the Organization of Petroleum Exporting Countries (OPEC)?

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Geography

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What was the primary reason for establishing the Organization of Petroleum Exporting Countries (OPEC)?

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Oseafeid Oseafeid · Answer 1

Oseafeid Oseafeid

OPEC's primary objective is to stabilize crude oil prices among member nations. Other objectives are to see to the even distribution of petroleum, make sure that there is an even return, or profit.

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