Opec Meaning in English

word

US

ˈoʊˌpɛk

OH-pek

UK

ˈəʊˌpɛk

OH-pek

Definition

OPEC is the Organization of the Petroleum Exporting Countries, a group of major oil-producing nations that coordinates oil production and pricing.

Usage & Nuances

Always written in capital letters as an acronym. Commonly used in news and economics. Refers specifically to the intergovernmental organization, not to oil companies or other entities. Often heard with 'OPEC meeting,' 'OPEC countries,' or 'OPEC oil price.'

• Spanish: OPEP (Organización de Países Exportadores de Petróleo)
• Portuguese (BR): OPEP (Organização dos Países Exportadores de Petróleo)
• Portuguese (PT): OPEP (Organização dos Países Exportadores de Petróleo)
• Chinese (Simplified): 欧佩克（石油输出国组织）
• Chinese (Traditional): 歐佩克（石油輸出國組織）
• Hindi: ओपेक (पेट्रोलियम निर्यातक देशों का संगठन)
• Arabic: أوبك (منظمة الدول المصدرة للنفط)
• Bengali: ওপেক
• Russian: ОПЕК
• Japanese: OPEC
• Vietnamese: OPEC
• Korean: OPEC
• Turkish: OPEC
• Urdu: اوپیک
• Indonesian: OPEC

Example Sentences

OPEC was founded in 1960.

basic

OPEC controls much of the world's oil supply.

basic

OPEC members met to discuss oil prices.

basic

After the latest OPEC meeting, gas prices started to rise.

natural

Many analysts watch OPEC decisions closely because they affect global markets.

natural

Did you hear about the new country joining OPEC this year?

natural