Phillips 66 Mock Interview
Practice 30 Phillips 66 interview questions covering safety, operations, and energy industry expertise.
Question 12 of 30
What is OPEC, and why does it matter?
How to Answer
Example Answer
Community Answers
OPEC is the Organization of the Petroleum Exporting Countries. It's an intergovernmental body with a mission to, 'coordinate and unify the petroleum policies of its member countries and ensure the stabilization of oil markets, in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.'
Show the interviewer that you have an understanding of OPEC and how it affects the way Phillips 66 does business.
"From my understanding, OPEC is a governing body that coordinates and unifies the petroleum policies of approximately 15 countries. OPEC decisions play an important role in the global oil market."
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Anonymous Answer
OPEC is the Organization of the Petroleum Exporting Countries, and it matters because they help stabilize the market on the oil and gas industry by creating rules and policies that all oil and gas industries must follow.
Kristine's Feedback
Great response! You'll convince the interviewer you understand the purpose and value of OPEC.
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Prepare for technical and behavioral questions specific to refining and midstream energy roles.
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