OPEC in the PONS Dictionary

OPEC Examples from the PONS Dictionary (editorially verified)

Monolingual examples (not verified by PONS Editors)

English
The most prominent explanation of the revisions is prompted by a change in OPEC rules which set production quotas (partly) on reserves.
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And tellingly, in 1982 the kingdom and other OPEC oil producers ceased releasing production data by field...
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This $2.2 billion decision triggered a collective OPEC response.
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In the years after 1971, OPEC was slow to readjust prices to reflect this depreciation.
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The OPEC oil shocks spawned huge improvements in energy efficiency, particularly insofar as oil was concerned.
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It served as a model in the creation of OPEC.
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It is argued that this inflation resulted from increases in the cost of petroleum imposed by the member states of OPEC.
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Total reserves in many OPEC countries hardly changed in the 1990s.
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He inherited a high inflation economy, still suffering from the increase in oil prices from OPEC.
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He is best known for his role during the 1973 oil embargo, when he spurred OPEC to quadruple the price of crude oil.
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