Crossword Genius

Oil group acronym (4)

Ross

I believe the answer is:

opec

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

I've seen this clue in the Universal.
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