Petroleum

The Organization of Petroleum Exporting Countries (OPEC) is a A cartel B duopoly C monopoly D monopsony Which of the following is associated with the development of petroleum industry in Nigeria? A Neglect of agriculture B increase in population growth C increase in the rate of unemployment D decrease in the rate of inflation The main role of the Organization of Petroleum Exporting Countries (OPEC) is A fixing oil production levels B ensuring optimum production of oil C promoting efficiency in the management of oil D supply oil at affordable rates