noun
Organization of Petroleum Exporting Countries; OPEC
Official name of the intergovernmental organization of oil-exporting nations.
石油輸出国機構は、原油価格の安定を目的としている。
The Organization of Petroleum Exporting Countries aims to stabilize crude oil prices.
A direct translation of the English name 'Organization of Petroleum Exporting Countries', composed of 石油 (oil), 輸出 (export), 国 (country), and 機構 (organization).