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OPEC

OPEC

OPEC is an international organization of petroleum exporting countries founded in 1960.

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Overview

OPEC, or the Organization of the Petroleum Exporting Countries, is an international organization founded on September 14, 1960. The organization's headquarters are located at Helferstorferstrasse 17, A-1010 Vienna, Austria, in the Innere Stadt district of Vienna. OPEC operates in the petroleum industry, primarily focusing on crude oil. The Deutschmeister-Palais building in Vienna serves as the headquarters for the organization.

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