OPEC in a sentence
Synonym: organization.
Meaning: The Organization of the Petroleum Exporting Countries, coordinating oil production.
(1) OPEC's headquarters are located in Vienna, Austria.
(2) The price of oil is heavily influenced by OPEC decisions.
(3) The OPEC bloc includes countries that produce and export oil.
(4) Crude oil prices can be influenced by OPEC's production decisions.
(5) OPEC's decisions are made through consensus among member countries.
(6) Algeria is a member of the United Nations, the African Union, and OPEC.
(7) The confederacies of OPEC member countries aimed to stabilize oil prices.
(8) President Ford's administration faced challenges from the OPEC oil crisis.
(9) The oil-rich countries of OPEC have a significant impact on global oil prices.
(10) OPEC's actions can affect the fiscal policies and budgets of member countries.
OPEC sentence
(11) OPEC's influence on global oil markets has been a subject of debate and scrutiny.
(12) Oil prices are still going up despite the efforts of OPEC to stabilize the market.
(13) OPEC meetings are held regularly to discuss and coordinate oil production policies.
(14) OPEC's decisions can have implications for the stability of oil-dependent economies.
(15) OPEC plays a significant role in determining the oil price through production quotas.
(16) President Ford's administration faced challenges in dealing with the OPEC oil embargo.
(17) OPEC's member countries collectively hold about 80% of the world's proven oil reserves.
(18) OPEC's decisions can impact the profitability of oil exploration and production companies.
(19) OPEC was founded in 1960 by five countries: Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela.
(20) OPEC's decisions can impact the profitability of oil refineries and petrochemical companies.
OPEC make sentence
(21) OPEC's policies have been influenced by the interests and priorities of its member countries.
(22) OPEC's decisions regarding oil production levels have a significant impact on global oil prices.
(23) OPEC's decisions can influence the inflation rates and economic growth of oil-importing nations.
(24) OPEC's actions can have geopolitical implications, as oil is a crucial resource for many countries.
(25) OPEC's role in the global energy transition towards renewable sources has been a topic of discussion.
(26) OPEC's actions can affect the energy security and diversification strategies of oil-importing nations.
(27) OPEC has occasionally implemented production cuts to stabilize oil prices during periods of oversupply.
(28) OPEC's decisions can have ripple effects on other industries, such as transportation and manufacturing.
(29) OPEC's decisions can impact the profitability of oil companies and the economies of oil-dependent nations.
(30) OPEC's cooperation with non-OPEC countries has been instrumental in managing global oil supply and demand.
Sentence of opec
(31) OPEC has been involved in negotiations with non-OPEC countries, such as Russia, to manage global oil supply.
(32) OPEC's role in managing oil price volatility has been crucial for the stability of global financial markets.
(33) OPEC's ability to maintain its unity and influence in the face of changing market dynamics is a key challenge.
(34) OPEC's policies have been criticized for their potential negative effects on the environment and climate change.
(35) OPEC is an intergovernmental organization that aims to coordinate and unify petroleum policies among member countries.
(36) OPEC's primary objective is to ensure the stability of oil markets and secure fair prices for both producers and consumers.
(37) OPEC has faced challenges in recent years due to the rise of non-OPEC oil production, particularly from countries like the United States.
(38) OPEC's market share has fluctuated over the years due to various factors, including geopolitical tensions and technological advancements.
(39) OPEC has 13 member countries, including Algeria, Angola, Ecuador, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates, and Venezuela.
OPEC meaning
OPEC, short for the Organization of the Petroleum Exporting Countries, is an intergovernmental organization that plays a significant role in the global oil market. Comprising 13 member countries, OPEC aims to coordinate and unify petroleum policies among its members, ensuring stable oil prices and a steady supply to the international market. As a widely recognized term, it is essential to understand how to use "OPEC" effectively in sentences to convey accurate information and maintain clarity. Here are some tips on incorporating "OPEC" into your writing:
1. Define OPEC: When introducing the term "OPEC" in your writing, it is crucial to provide a brief definition or explanation.
For example, "OPEC, the Organization of the Petroleum Exporting Countries, is an influential intergovernmental organization that controls a significant portion of the world's oil production."
2. Contextualize OPEC: To enhance understanding, it is helpful to provide context about OPEC's purpose and objectives. For instance, "OPEC was established in 1960 to coordinate oil policies among its member countries, aiming to stabilize oil prices and ensure a fair return on investments for oil-producing nations."
3. Use OPEC as a noun: OPEC is primarily used as a noun in sentences. It refers to the organization itself or its member countries collectively.
For example, "OPEC announced a production cut to stabilize oil prices" or "The OPEC member countries met to discuss future oil production strategies."
4. Capitalize OPEC: As an acronym, OPEC should always be capitalized in your writing to indicate its status as a proper noun. For instance, "OPEC's decision to increase oil production had a significant impact on global markets."
5. Avoid unnecessary repetition: Once you have introduced OPEC in your writing, you can refer to it using pronouns or other synonyms to avoid repetitive phrasing.
For example, instead of saying "OPEC decided to increase oil production, and then OPEC announced their decision," you can write "OPEC decided to increase oil production, and then the organization announced its decision."
6. Provide specific details: When discussing OPEC's actions or decisions, it is beneficial to include specific details such as the year, meeting location, or the outcome of their discussions. This adds depth and accuracy to your writing.
For example, "In 2016, OPEC held a crucial meeting in Vienna, Austria, where member countries agreed to cut oil production by 1.2 million barrels per day."
7. Analyze OPEC's impact: If your writing involves analyzing the effects of OPEC's decisions or policies, provide evidence or data to support your claims. This could include information on oil prices, market trends, or the economic impact on member countries or the global economy.
8. Use OPEC in related terms or phrases: OPEC is often associated with various terms and phrases related to the oil industry and global energy markets. Incorporating these terms can enhance your writing's accuracy and demonstrate a comprehensive understanding of the subject matter. Examples include "OPEC+'s decision," "OPEC basket of crude oils," or "OPEC's market share." Remember, using "OPEC" effectively in your writing requires a clear understanding of its meaning, context, and relevance. By following these tips, you can confidently incorporate this term into your sentences, ensuring accurate communication and a well-rounded discussion of OPEC's role in the global oil market.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word OPEC. They do not represent the opinions of TranslateEN.com.