The primary function of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its member countries in order to secure fair and stable prices for petroleum producers. OPEC also aims to ensure a steady income for petroleum-producing countries, promote efficient, economic, and regular supply of petroleum to consumers, and safeguard the interests of both producers and consumers in the petroleum market. Ultimately, OPEC's main goal is to stabilize the global oil market and maintain a balance between supply and demand.
