OPEC - Organization of the Petroleum Exporting Countries

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OPEC - Organization of the Petroleum Exporting Countries

The mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry.

OPEC member countries today control 75% of all the world's oil reserves, delivering one third of all oil production worldwide and half of the oil exports worldwide.

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• OPEC