Crossword Genius

Group with reserves (4)

Ross

I believe the answer is:

opec

(Other definitions for opec that I've seen before include "International oil-producing cartel" , "Cartel of oil-producing countries" , "price-fixers?" , "Group of petroleum producing countries, formed in 1961" , "Group of oil-producing countries" .)

I've seen this clue in the LA Times.
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