passpadi

2024

government

67ca00ce0c643c71d77dee1f

Price stability in the international oil market is the major objective of the

A.

UN

B.

WTO

C.

OPEC

D.

AU

Correct Answer: OPEC

Explanation

The major objective of the Organisation of Petroleum Exporting Countries (OPEC) is to ensure price stability in the international oil market. This is to ensure that fluctuation is eliminated and that every member-state can benefit from oil sales.

The major objective of the Organisation of Petroleum Exporting Countries (OPEC) is to ensure price stability in the international oil market. This is to ensure that fluctuation is eliminated and that every member-state can benefit from oil sales.
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