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Organization of Petroleum Exporting Countries (OPEC)

An association of the world’s oil-producing countries, formed in 1960. The chief purpose of OPEC is to coordinate oil production and pricing policies of its members: Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Contact: Organization of Petroleum Exporting Countries; Helferstorferstrasse 17, A-1010, Vienna, Austria; E-mail form at www.opec.org/opec_web/en/contact/356.htm; Web: www.opec.org.

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