What Does OPEC+ Mean?
The Quick Answer
OPEC+ means "Organization of the Petroleum Exporting Countries (Plus)."More Detail...
Many of the largest oil-producing countries in the world are part of an organization known as The Organization of the Petroleum Exporting Countries (OPEC). In 2016, OPEC allied with other oil-exporting nations to form OPEC+. The non-OPEC members of OPEC+ are:- Azerbaijan.
- Bahrain.
- Brunei.
- Darussalam.
- Kazakhstan.
- Malaysia.
- Mexico.
- Oman.
- Philippines.
- Russia.
- Sudan.
- South Sudan.
Image for OPEC+
When I write OPEC+, I mean this:
"Organization of the Petroleum Exporting Countries (Plus)"
Summary of Key Points
"Organization of the Petroleum Exporting Countries (Plus)" is, by far, the most common meaning for OPEC+ when it is used in a text. (Bear in mind that it could have another meaning if used in a different context.)| OPEC+ | |
|---|---|
| Definition: | Organization of the Petroleum Exporting Countries (Plus) |
| Type: | Acronym |
| Guessability: |  4: Difficult to guess |
| Typical Users: |  Adults |
Example of OPEC+ Used in a Text
OPEC+
This page is maintained by the Cyber Definitions Editorial Team.
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