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    Research Brief on OPEC

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    Give me an outline to start a "Research Brief" on OPEC
    - Brief OPEC history
    - Current events within OPEC
    - Opinion related to OPEC as a cartel and their power to influence the price of oil.

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    https://brainmass.com/business/middle-eastern-trade/research-brief-opec-390698

    Solution Preview

    I have presented an outline for you to work from. You will want to look at the sites in the text and make sure there is no information that should be added.

    History
    The Organization of the Petroleum Exporting Countries (OPEC) is a consortium of the countries that supply oil to the world. It is an intergovernmental agency of twelve countries, most located in the Middle East and Africa region, though two, Venezuela and Ecuador, are located in South America. The other countries are Algeria, Angola, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, and The United Arab Emirates. Indonesia was a member until 2008, but dropped out when it became a net importer of oil. T
    The oil ministers of the countries meet in Vienna, which has been their home base since 1965. Their currency is based on the USD per barrel. The goal of the organization is to protect the interests of the countries, both collectively ...

    Solution Summary

    Brief research on OPEC is provided in the solution.

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