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Aug 2024
22m 28s

OPEC Explained: Part 1 - Origins and Str...

Skip Montreux, Dez Morgan & Samantha Vega | Business English Instructors
About this episode
The Organization of Petroleum Exporting Countries (OPEC) was established in 1960 to give oil-producing nations more control over their resources and influence global oil prices. Initially formed by five countries—Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela — OPEC has grown to include 12 member countries, with 10 additional nations cooperating under the O ... Show More
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