An organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
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Noun
an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum
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Usage Examples
Instead of begging OPEC to drop its oil prices, let's use American leadership and ingenuity to solve our own energy problems.
Misspelled FormOPEC, OPEC, PEC, OPEC, OPEC, OEC, OPEC, OPEC, OPC, OPEC, OPEC, OPE, OPEC.
Other Usage ExamplesIf you look - look at - I mean, look at what's going on with your gasoline prices. They're going to go to $5, $6, $7 and we don't have anybody in Washington that calls OPEC and says, 'Fellas, it's time. It's over. You're not going to do it anymore.'
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