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Translations for „OPEC“ in the English » Slovenian Dictionary

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OPEC [ˈəʊpek] N no pl, + sing/pl vb

OPEC acronym of Organization of Petroleum Exporting Countries:

OPEC

Monolingual examples (not verified by PONS Editors)

English
Rising oil prices as a result of the instability were reported to be pressuring OPEC to increase supplies in order to ease prices.
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The summit is only the second OPEC meeting held at that level.
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With the drop in oil prices, OPEC lost its unity.
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During this time, the percentage of oil produced by OPEC fell from 50% to 29%.
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This $2.2 billion decision triggered a collective OPEC response.
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It served as a model in the creation of OPEC.
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All of which helped prompt a surge in oil prices to levels far higher than those targeted by OPEC during the preceding period.
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At the same time, OPEC funds deposited in western banks provided a ready source of funds for loans.
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Total reserves in many OPEC countries hardly changed in the 1990s.
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At the same time, other OPEC nations agreed to raise their prices 400%.
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