Major oil cartel: Abbr Crossword Clue

Hello Universal Crossword Fans!
Today is 11 October 2024 and we have the correct solution for the crossword clue "Major oil cartel: Abbr" listed below:

Understanding Today's Crossword Puzzle

The clue "Major oil cartel: Abbr." leads us to the answer "OPEC" for several reasons:

1. Acronym: The clue mentions "Abbr.," indicating that we are looking for an abbreviation. OPEC stands for the Organization of the Petroleum Exporting Countries, making it a fitting answer as it is a recognized acronym in the world of oil production.
2. Oil Cartel: OPEC is a well-known intergovernmental organization of 13 oil-exporting countries that aims to coordinate and unify petroleum policies. Its primary goal is to ensure the stability of oil markets in order to secure an efficient, economic, and regular supply of petroleum to consumers.
3. Major Player: OPEC holds significant influence in the global oil market, given the combined oil production capacity of its member countries. This aligns with the descriptor "major" in the clue.

Therefore, the answer "OPEC" elegantly fits the clue "Major oil cartel: Abbr." as it corresponds to an influential organization in the oil industry known for regulating oil production and prices worldwide.

Definition of "OPEC"

Organization of the Petroleum Exporting Countries.

 The Crossword clue "Major oil cartel: Abbr" published 2 time/s & has 1 answer/s. 

Crossword	Date	Answer
Universal	11 October 2024	OPEC
Daily Celebrity	20 April 2020	OPEC