Members of OPEC
Q. Which of the following are not members of OPEC?
1. Venezuela
2. Mexico
3. Russia
4. Iran- Published on 22 Dec 15a. Only 3
b. 1,2,3
c. 2 and 3
d. All
ANSWER: 2 and 3
- Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela are members of OPEC.
- OPEC sets production targets for its member nations.
- OPEC is an international organization headquartered in Vienna, Austria.
- OPEC was founded by five petroleum-exporting nations at a conference held 10–14 September 1960 in Baghdad, Iraq
