English > Organization of Petroleum-Exporting Countries: 1 sense > noun 1, group| Meaning | An organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum. |
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| Synonym | OPEC |
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| Members | Algeria, Algerie, Democratic and Popular Republic of Algeria | A republic in northwestern Africa on the Mediterranean Sea with a population that is predominantly Sunni Muslim |
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| Angola, Republic of Angola | A republic in southwestern Africa on the Atlantic Ocean |
| Ecuador, Republic of Ecuador | A republic in northwestern South America |
| Indonesia, Republic of Indonesia, Dutch East Indies | A republic in southeastern Asia on an archipelago including more than 13,000 islands |
| Iran, Islamic Republic of Iran, Persia | A theocratic Islamic republic in the Middle East in western Asia |
| Iraq, Republic of Iraq, Al-Iraq, Irak | A republic in the Middle East in western Asia |
| Kuwait, State of Kuwait, Koweit | An Arab kingdom in Asia on the northwestern coast of the Persian Gulf |
| Libya, Socialist People's Libyan Arab Jamahiriya | A military dictatorship in northern Africa on the Mediterranean |
| Nigeria, Federal Republic of Nigeria | A republic in West Africa on the Gulf of Guinea |
| Qatar, State of Qatar, Katar, State of Katar | An Arab country on the peninsula of Qatar |
| Saudi Arabia, Kingdom of Saudi Arabia | An absolute monarchy occupying most of the Arabian Peninsula in southwest Asia |
| United Arab Emirates | A federation of seven Arab emirates on the eastern Arabian peninsula |
| Venezuela, Republic of Venezuela | A republic in northern South America on the Caribbean |
| Broader | oil cartel | A cartel of companies or nations formed to control the production and distribution of oil |
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| world organization, world organisation, international organization, international organisation, global organization | An international alliance involving many different countries |
| Spanish | O.P.E.P., OPEP, Organización de Países Exportadores de Petróleo |
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| Catalan | OPEP |
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