An International organisation that influence and fix the price of oil in the International markets is
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Correct Answer: Option C
Explanation:
Organisation of the petroleum exporting countries (OPEC) is a cartel organisation that ensure efficient and regular supply of petroleum & ensuring the stabilization of prices in International oil markets.
Organisation of the petroleum exporting countries (OPEC) is a cartel organisation that ensure efficient and regular supply of petroleum & ensuring the stabilization of prices in International oil markets.