OPEC is one of the world’s largest oil producers, with its member countries exporting significant quantities of crude oil to…
© 2023 Copyright oftrb.com – Crude Oil Market Quotes, Price Chart live & News [wougua@gmail.com]
OPEC, or the Organization of the Petroleum Exporting Countries, is a group of 13 countries that collectively produce and export a significant portion of the world’s oil. OPEC was established in 1960 to coordinate policies among its member countries and to stabilize oil markets by managing production levels. OPEC oil refers to the crude oil produced by these member countries, which is often sold at a premium due to the collective market power of the organization.
Oftrb.com is a comprehensive energy portal, the main columns include crude oil prices, energy categories, EIA, OPEC, crude oil news, basic knowledge of crude oil, etc.
【Contact us: wzy2008@gmail.com】