What are the five goals for the formation of OPEC?
What are the five goals for the formation of OPEC?
The Five Objectives of the construction of the OPEC organization are as follows :
- Forum for cooperation between producing and exporting countries
- Maintain the stability of oil prices in the international market
- Increase the income of member countries from the petroleum sector
- Avoid competition among OPEC member countries
- Meet world oil needs
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