Question: What Has OPEC Accomplished?

Is OPEC corrupt?

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How much oil is left in the world?

Who is the largest oil producer?

Why did OPEC fail to keep the price of oil high?

What are the achievements of OPEC?

Has OPEC been successful?

Why did OPEC experience market decline?

What makes a cartel successful?

Why do countries belonging to OPEC avoid producing too much oil at one time?

Why has OPEC been relatively successful?

How much of the oil market does OPEC control?

What are the 3 main goals of OPEC?

How do the actions of OPEC impact worldwide trade?

Why did OPEC refused to sell oil to the United States?