What is the meaning of OPEC? This page is about the meaning and definition of OPEC.
OPEC stands for Organization of the Petroleum Exporting Countries.
The Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of 14 petroleum exporting nations, founded in 1960 in Baghdad by the first five member countries (Iran, Iraq, Kuwait, Saudi Arabia and Venezuela), and headquartered since 1965 in Vienna, Austria.
