Crossword Genius

Major oil acronym

Ross

I believe the answer is:

opec

(Other definitions for opec that I've seen before include "Cartel of oil-producing countries" , "International oil-producing cartel" , "[CRUDE OIL] suppliers?" , "price-fixers?" , "Group of countries with a common oil policy" .)

I've seen this clue in The New York Times.
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