Multiple choice

What is OPEC?

  1. The latest space shuttle of USA

  2. The latest space shuttle of Russia

  3. The organisation of petroleum producing companies

  4. The organisation of petroleum exporting countries
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

OPEC stands for Organization of the Petroleum Exporting Countries, founded in 1960 to coordinate petroleum policies among member countries. It is a cartel of oil-producing nations that aims to stabilize oil markets and ensure steady income for producers. Options A and B are incorrect as OPEC is not related to space programs.

Keep practicing — related questions