OPEC Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “OPEC” in the English Dictionary

"OPEC" in British English

See all translations

OPECnoun

uk   /ˈəʊ.pek/  us   /ˈoʊ-/
abbreviation for Organization of Petroleum Exporting Countries: a ​group of ​countries that ​produceoil and ​decide together how much to ​produce
(Definition of OPEC from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"OPEC" in Business English

See all translations

OPECnoun

uk   us   /ˈəʊpek/
ECONOMICS, NATURAL RESOURCES abbreviation for Organization of the Petroleum Exporting Countries: a ​group of oil-producing countries who have an ​agreement to ​control the ​amount of ​oil that each country can ​produce and ​sell: Oil ​pricesfellsharply after OPEC ​agreed to ​increaseproduction. Venezuela is able to ​sell three-quarters of its OPEC ​quota as ​refinedproducts. OPEC countries/​members/​leaders
(Definition of OPEC from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “OPEC”
in Chinese (Simplified) 欧佩克,石油输出国组织…
in Chinese (Traditional) 石油輸出國組織…
What is the pronunciation of OPEC?
Add Cambridge dictionaries to your browser to your website
Word of the Day

autumnal

typical of autumn

Word of the Day