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Question
Which of the following best describes the primary function of the Organization of Petroleum Exporting Countries (OPEC)?(1 point)
Responses
A To regulate global oil prices and ensure stable supply
A To regulate global oil prices and ensure stable supply
B To promote renewable energy sources and reduce fossil fuel consumption
B To promote renewable energy sources and reduce fossil fuel consumption
C To facilitate international cooperation on environmental conservation
C To facilitate international cooperation on environmental conservation
D To standardize oil extraction techniques for member countries
D To standardize oil extraction techniques for member countries
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Answers
GPT-4o mini
The best response that describes the primary function of the Organization of Petroleum Exporting Countries (OPEC) is:
**A To regulate global oil prices and ensure stable supply**.
OPEC's primary goal is to coordinate and unify petroleum policies among its member countries to ensure the stabilization of oil markets, which includes regulating oil prices and maintaining a steady supply.
**A To regulate global oil prices and ensure stable supply**.
OPEC's primary goal is to coordinate and unify petroleum policies among its member countries to ensure the stabilization of oil markets, which includes regulating oil prices and maintaining a steady supply.