What does OPEC mean in International Business?

This page is about the meanings of the acronym/abbreviation/shorthand OPEC in the Business field in general and in the International Business terminology in particular.

Organization of Petroleum Exporting Countries

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What does OPEC mean?

Organization of Petroleum-Exporting Countries, OPEC(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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"OPEC." Abbreviations.com. STANDS4 LLC, 2017. Web. 24 Nov. 2017. <http://www.abbreviations.com/term/31289>.