The Organization of Petroleum Exporting
Countries (OPEC) was formed with the intent of
(1) stabilizing the supply of oil to Japan
(2) cutting off the supply of oil to the United
States and its allies
(3) increasing the supply of oil available for use
within Middle Eastern countries
(4) controlling the supply of oil to raise prices



Answer :

Your answer is (4) controlling the supply of oil to raise prices
The organization of petroleum exporting countries was formed with the intent of controlling the supply of oil to raise prices.