1. The inability of the organization to effectively regulate oil prices since its inception.
  2. Ideological differences among OPEC states.
  3. Fall in oil prices, which leads to reduction in demand of oil and its production.
  4. Disagreement among members on prices to be charged per barrel of oil.
  5. The problem of granting production quota among member states.
  6. Frequent international crises, which often leads to fluctuation in oil prices.
  7. Violation of OPEC rules and regulations among member states.
  8. Political instability, which affects the volume of output and sales among most members.

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