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Qu茅 es la OPEP | La Organizaci贸n de Pa铆ses Exportadores de Petr贸leo - YouTube
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oil is a great generator of
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energy and therefore generates great
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impact on the world economy put
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that everything moves with energy the
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oil is the source of more of the
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third of the planet's energy
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that's more than coal and more than double
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that nuclear power sources
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hydroelectric and renewable combined
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oil generates approximately according to
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the conditions of the economy near the
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2.5 percent of the domestic product
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gross globally when the price
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of oil rises affects countries
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they don't produce oil and they have to
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import into the international market
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while producing countries and
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exporters benefit from other
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part when the price drops countries
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importers decrease their expenses in the
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oil purchase invoice and this gives them
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favors but in parallel the
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producers affected their growth
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economic since these low prices
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make your overall economy suffer
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a contraction
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due to the importance of oil it
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created an organization which seeks
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regulate countries' policies
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producers and members this
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organization is the opep of which
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we will talk in this video so without further ado
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we started
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[Music]
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OPEC or the organization of the countries
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oil exporters is a
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permanent organization
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intergovernmental created in the
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Baghdad conference that took place from
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September 10 to 14, 1960 between
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iran iraq kuwait saudi arabia and
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Venezuela to the five founding countries
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eight more countries joined them
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qatar indonesia libya arab emirates
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united algeria nigeria ecuador and gabon
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of these countries the one that produces the most is
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saudi arabia followed
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iraq and those who produce the least will go
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group are Ecuador and Gabon in addition to
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member countries there are other countries
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oil producers that without forming
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part of the organization participate as
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observers at ordinary meetings
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of the group these countries are sudan mexico
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norway russia kazakhstan oman and egypt
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the headquarters of the organization is located
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in vienna thanks to the facilities the
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Austrian government granted the end of
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lopez
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and unify oil policies
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between member countries in order to
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guarantee fair prices and
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stable for producers of
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oil efficient supply
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economic and regular oil to
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consuming countries and performance
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fair of investor capital in
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few words quotas are set
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production for each country producing what
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enough to keep prices
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high and with it a higher profitability
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the lopez ministers conference
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holds two ordinary sessions a year
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It is also responsible for the formulation
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of the general policy of the
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organization
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[Music]
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the opep from the moment of its foundation
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had the rejection of both countries
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consumers especially the us and the
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main oil organizations
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however and as a consequence of the
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decisions made by countries
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producers little by little it was created
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consciousness in developed nations
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and consumers of oil that this is
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a perishable good and therefore they should
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adjust your consumption needs to
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through the adoption of measures
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conservation efficiency and saving of this
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way we can say that the opep complies
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with the following objectives in the first
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instead stabilize the prices of the
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oil in international markets
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secondly safeguard those
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interests of producer states in
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third place supply form
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efficiently and safely to countries
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consumers and finally seek a
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fair profit to investors in the
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Oil industry
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the organizational structure of the opep the
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opep is organized organizationally from the
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next form a board of
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governors which is made up of high
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official from each member country this
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board prepares the agenda for lopez is
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say the approach the various
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topics to be covered in the
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ordinary meetings their decisions are
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they transfer the ministers of each country
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for them to take place also
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find the secretary general who is
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the spokesperson and legal representative of the
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organization coordinating relationships
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public and the legal department its
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role is market research
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oil and its conditions are also
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finds in the economy commission that
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it is a purely technical body that
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in charge of the study of the conditions
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market supply and demand
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oil and prepares the projects
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organization solutions that you
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must discuss and approve in
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conferences
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then the influence of lopez on the
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oil market is undoubted
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about 43 percent of the
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world production and 81 percent of
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world oil reserves are
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in opep member countries its domain
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in oil exports is in
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around 35 percent of the world
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and concentrates the entire capacity
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of crude oil production,
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claim that the opep has become
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a kind of central bank of the market
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oil
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[Music]
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what are the main countries
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oil producers well let's go
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to see the list for the year 2019 on
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which is the totality of the
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countries and the daily output of
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barrels
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as we can see first of all it
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find us
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later russia those who are in
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red and blue colors belong to
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lopez the reds are the founders of the
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opep and the blue ones were the ones that
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added later we see then
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that in third and fourth place is arabia
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saudi and iraq
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later there is canada and great china
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united arab emirates kuwait brazil
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nigeria and so we see the other countries and
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your daily oil production
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we see for example that it exists in countries
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like guatemala that produces 9 thousand 600
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barrels a day
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well friends this is today's topic
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about the opep which is important
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understand in order to talk about
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the following videos on how to
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trading is to say about futures and
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also about the crisis that is being
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observing at the beginning of the year 2020 then
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well remember about the pilot whale and
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this is me company
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[Music]
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