1. To secure a high stability of oil prices.
  2.  To secure a complete regulation and control of the supply of petroleum to the     world market.
  3. To secure a common petroleum policy among member states.
  4. To raise funds for the development of the economy of member states.
  5. To control production level of member states in order to ensure that oil is not excessively produced.
  6. To secure suitable markets for oil produced by member states.
  7. To fight for the interest of its members.

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