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OPEC
The Organization of Petroleum Exporting Countries is a group of 13 of the world's leading oil producing and exporting nations: Algeria, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates and Venezuela, Ecuador and Indonesia.
OPEC output, set by the allocation of a production quota for each member, has a major influence on world oil prices.
See also: http://www.opec.org/home/, Crude Oil