OAPEC

/ əʊˈeɪpɛk /

acronym for

1. Organization of Arab Petroleum Exporting Countries

Example Sentences

The country will resume normal oil production by the middle of next year, Nuri Berruien told reporters in Cairo today, where he attended a meeting of the Organization of Arab Petroleum Exporting Countries, or OAPEC.

From BusinessWeek

The country will resume normal oil production by the middle of next year, Nuri Berruien told reporters in Cairo today, where he is attending a meeting of the Organization of Arab Petroleum Exporting Countries, or OAPEC.

From BusinessWeek

OAPEC, seven of whose members are also part of the Organization of Petroleum Exporting Countries, was established in 1968 to foster the development of the petroleum industry in member states as part of an economic integration plan among Arab countries.

From BusinessWeek

OAPEC, as the Arab group is known, includes several members of the Organization of Petroleum Exporting Countries, the broader 12-nation group that influences prices by setting supply quotas.

From BusinessWeek

Seven of OAPEC’s members are also part of the Organization of Petroleum Exporting Countries.

From BusinessWeek