Which of the following countries is a member of opec


Asked by admin @ in Social Studies viewed by 292 People


Which of the following nations are members of the Organization of Petroleum Exporting Countries (OPEC)? Select all that apply.

Saudi ArabiaRed ChinaVenezuelaUnited Kingdom

Answered by admin @



"Saudi Arabia and Venezuela" are members of the Organization of Petroleum Exporting Countries (OPEC).

Answer: Option A & C

Explanation:

The agenda of OPEC is to "unite and unify the policies of petroleum within member countries, ensure oil markets are stabilised in order to preserve an economic, efficient and frequent supply of petroleum and petroleum products to buyers, an insured income to producers with a justified return on capital for investors".

OPEC (The Organization of the Petroleum Exporting Countries) was established by the five members named Iraq, Venezuela, Saudi Arabia, Iran, and Kuwait in Baghdad on 14th September 1960. A cross-governmental organizations  headquartered in Vienna, Austria since 1965 and contains 13 nations.


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