OPEC stands for which international organization?

OPEC stands for which international organization?

• A. Overland Petroleum Exchange Council
• B. Organization of Petroleum Exporting Countries
• C. Oil Producers Export Coalition
• D. Organization for Public Energy Cooperation

Answer: (B)

This question checks your ability to recognize what a familiar international energy group stands for. The correct expansion is Organization of Petroleum Exporting Countries. This name exactly describes a real international body formed by oil-producing nations to coordinate and manage petroleum exports on the world market, influencing prices and supply. The other options use plausible but incorrect phrasing and do not reflect the official name of the organization.

This question checks your ability to recognize what a familiar international energy group stands for. The correct expansion is Organization of Petroleum Exporting Countries. This name exactly describes a real international body formed by oil-producing nations to coordinate and manage petroleum exports on the world market, influencing prices and supply. The other options use plausible but incorrect phrasing and do not reflect the official name of the organization.