Uganda Attends Opec First Meeting in Vienna

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Engineer Irene Muloni at the 17th meeting of OPEC in Vienna Michael Wambi

Engineer Irene Muloni at the 17th meeting of OPEC in Vienna Login to license this image from 1$.

In short
OPEC has a strong effect on the overall oil market, particularly on the price of oil. The member nations usually meet each year and make important decisions regarding oil production. They usually take into account the current conditions of the oil market.

 

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