One of the most powerful organizations in the history, OPEC, the worldwide known Organization of Petroleum Exporting Countries has a relatively mysterious flag.
Facts and History of OPEC flag are for most of the persons hidden in the past. What is certain is that on the light blue background, there is the OPEC organization logo visible.
However, no one can tell exactly what its significance is, mainly because it is a business organization. In the past years, OPEC had a major influence on the fuel’s price.
Nevertheless, when new petrol resources have been discovered in Canada, Alaska and Russia, OPEC remained only in 1/3 control of the petrol market. Currently, there are twelve members of the organization, all of them being major petrol exporters.