world_organizations medium Fill in the Blank

OPEC's objective is to coordinate and unify petroleum policies among member countries to secure fair and stable prices for petroleum producers, an efficient supply to consuming nations, and a fair return on capital for those investing in the _____ industry.

  1. mining
  2. petroleum
  3. agriculture
  4. technology

Answer: petroleum

OPEC's statute explicitly states its mission to coordinate petroleum policies to ensure market stability, fair prices for producers, efficient supply for consumers, and fair returns for investors in the petroleum industry.

Topic OPEC
Exam Relevance UPSC, Banking, SSC