Fuel cartel: Abbr. Daily Commuter Crossword Clue Answers on July 13, 2024
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Updated Jul 13, 2024
Daily Commuter Fuel cartel: Abbr. Crossword Clue
Let’s find the answers to Fuel cartel: Abbr. Daily Commuter for the July 13, 2024 edition of Daily Commuter crossword puzzle. Answer Contains 4 letters. Start with O and end with C, and the possible solutions are OVIC, OTIC, OPEC.
The answer is OPEC.
The abbreviation "OPEC" stands for the Organization of the Petroleum Exporting Countries. This intergovernmental organization was established to coordinate and unify petroleum policies among member countries, ensuring stable oil prices and a regular supply of oil. OPEC plays a significant role in the global oil market, influencing production levels and, consequently, fuel prices worldwide.
Founded in 1960, OPEC includes major oil-producing nations that collaborate to manage their oil resources effectively. The organization's decisions can have far-reaching impacts on the economy and energy sectors globally, affecting everything from fuel prices to international relations.
This clue last seen in Daily Commuter Crossword Puzzle on July 13, 2024. You can also get all other Daily Commuter's Crossword clues hints and answers here.