Definition of Organization of Arab Petroleum Exporting Countries in English:
Organization of Arab Petroleum Exporting Countries
Or¦gan|iza|tion of Arab Pet¦rol|eum Ex¦port|ing Coun|tries
An association of Arab countries, founded in 1968 to promote economic cooperation and safeguard its members' interests and to ensure the supply of oil to consumer markets. Its headquarters are in Safat, Kuwait.