OPEC-13

OPEC- Organisation of Petroleum Exporting Countries is a cartel of 13 countries, mainly dealing in the export of crudes. These countries play a pivotal role in determining the supply of Crude.

Following are the list of Its members along with their Brand name of their Crude Oil.

Country Brand name

1. Algeria - Saharan Blend.

2.Angola - Girassol

3.Ecuador - Oriente

4. Indonesia - Minas

5.Iran - Iran Heavy

6.Iraq- Basra Lite

7.Kuwait - Kuwait Export

8.Libya - Es Sider

9.Nigeria- Bonny Light

10.Qatar- Qatar Marine

11. Saudi Arabia- Arab Light

12.U.A.E- Murban

13Venezuela - BCF 17.