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The logo of the OPEC (Organization of the Petroleum Exporting Countries) is seen at the organization's headquarter on the eve of the 164th OPEC meeting in Vienna, Austria
Image: ALEXANDER KLEIN/AFP/Getty ImagesImage: ALEXANDER KLEIN/AFP/Getty Images

OPEC (Organization of the Petroleum Exporting Countries)

OPEC is an intergovernmental organization, set up to coordinate the policies of oil-producing countries.

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