| OPEC's aim is to regulate the amount of oil |
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| The member states meet regularly |
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| OPEC became a powerful cartel |
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| During the 1970s the western world |
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| After the energy crisis of the 1970s |
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| OPEC's power diminished |
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| After the year 2000 oil prices |
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| Saudi Arabia is the most powerful member of the cartel |
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| In 2016 the cartel was enlarged |
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