OPEC

OPEC

[oh-pek]
noun
an organization founded in 1960 of nations that export large amounts of petroleum: formed to establish oil-exporting policies and set prices.

Origin:
O(rganization of) P(etroleum) E(xporting) C(ountries)

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Collins
World English Dictionary
OPEC (ˈəʊˌpɛk)
 
n acronym for
Organization of Petroleum-Exporting Countries: an organization formed in 1961 to administer a common policy for the sale of petroleum. Its members are Algeria, Angola, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. Ecuador and Gabon were members but withdrew in 1992 and 1995 respectively

Collins English Dictionary - Complete & Unabridged 10th Edition
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Etymonline
Word Origin & History

OPEC
acronym for Organization of Petroleum-Exporting Countries, founded 1960.
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Abbreviations & Acronyms
OPEC
Organization of Petroleum Exporting Countries
The American Heritage® Abbreviations Dictionary, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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