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OPEC

Definitions of OPEC
  1. noun
    an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
    synonyms: Organization of Petroleum-Exporting Countries
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    type of:
    oil cartel
    a cartel of companies or nations formed to control the production and distribution of oil
    global organization, international organisation, international organization, world organisation, world organization
    an international alliance involving many different countries
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