OPEC Quiz

When was OPEC established?

• 1950

• 1960

• 1970

• 1980

Where was OPEC created?

• Geneva

• Vienna

• Baghdad

• Riyadh

What is the main goal of OPEC?

• To increase oil consumption

• To stabilize oil prices

• To sell oil at higher prices

• To reduce oil production

Where was OPEC’s first headquarters located?

• Vienna, Austria

• Baghdad, Iraq

• Geneva, Switzerland

• Dubai, UAE

What does OPEC stand for?

• Organization of Petroleum Exporting Companies

• Organisation of Petroleum Exporting Countries

• Organization of Petrol and Energy Companies

• Organisation for Petroleum and Economic Cooperation

What is one way OPEC helps its member countries?

• By giving free oil to all members

• By setting fair prices for oil

• By building schools and hospitals

• By producing electricity

How does stable oil pricing help member countries?

• It makes oil cheaper to buy

• It helps them earn steady money

• It increases their population

• It reduces oil production

How does OPEC promote teamwork among member countries?

• By organizing sports events

• By sharing ideas about better oil production

• By creating a common currency

• By building pipelines together

Who is the current Secretary General of OPEC?

• Haitham Al Ghais

• Mohsen Paknejad

• Mohammed Barkindo

• Bijan Zangeneh

How many member countries are currently in OPEC?

• 10

• 12

• 14

• 20