Opec: The oil cartel in profile

_44698734_opec_ap_226bThe Organisation of Petroleum Exporting Countries (Opec) is an association of oil-producing nations set up in 1960 with the express purpose of influencing oil prices by controlling supply. Things have changed a great deal for the cartel in recent years.

http://news.bbc.co.uk/1/hi/business/3768971.stm

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