What is the difference between OPEC and OPEC plus?
OPEC, an acronym for the Organization of the Petroleum Exporting Countries, is an international governmental organization comprising 13 member countries. It was established in Baghdad on September 14, 1960, by the initial five members (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela). Despite its main headquarters being in Vienna, Austria, since 1965, Austria itself is not …
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