2006-11-09 16:48:37 · 7 answers · asked by firdavsbek84 1 in Social Science ➔ Economics
Many of the largest oil exporting countries are members of the Organisation of Petroleum Exporting Countries. Their weeb site is given below. Its members include: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuala. Many other countries also produce petroleum, but aren't members of OPEC. For example: US, Russia, Australia, Malaysia...
2006-11-09 16:55:39 · answer #1 · answered by eco101 3 · 0⤊ 0⤋
Organization of Petroleum Exporting Countries (OPEC), multinational organization (est. 1960, formally constituted 1961) that coordinates petroleum policies and economic aid among oil-producing nations. Its Board of Governors and board chairperson are elected by member nations; OPEC's headquarters are in Vienna, Austria. Members consist of Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Ecuador and Gabon suspended their memberships in 1992 and 1994, respectively. Saudi Arabia has traditionally dominated the organization, owing to its enormous oil reserves; the organization's members produce about 40% of the world's crude oil.
2006-11-10 00:51:56 · answer #2 · answered by Dave S 3 · 0⤊ 0⤋
Most countries in the world produce oil.
The question should be, which ones produce the most.
Although U.S.A. produces quite a lot of oil, it's consumption ranks on the top.
The countries of Iran and Iraq have the ability to produce more oil than Saudi Arabia, but the political situation in them is counter-productive, and that is why their economies pale in comparison to Saudi Arabia (still the world's largest producer).
2006-11-10 00:54:24 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Australia, Iraq, Saudi Arabia, South Africa, Qatar, Israel, Turkey, Iran, India and Russia.
2006-11-10 00:50:05 · answer #4 · answered by Flashy Ashley 2 · 0⤊ 1⤋
Saudi Arabia
Russia
United States
Iran
Mexico
China
Canada
Norway
United Arab Emirates
Venezuela
Kuwait
Nigeria
Algeria
Brazil
2006-11-10 00:57:43 · answer #5 · answered by Cool Gal 2 · 0⤊ 0⤋
United States
Russia
France
China
Venezuela
Brazil
Oman
Nigeria
Saudi Arabia
Abu Dhabi (United Arab Emirates)
2006-11-10 00:51:37 · answer #6 · answered by cindylouwho212 1 · 0⤊ 0⤋
malaysia, indonesia, iraq, kuwait, saudi arabia, oman, qatar, jordan, uae, iran. Am i right?
2006-11-10 00:56:08 · answer #7 · answered by Anonymous · 0⤊ 0⤋