This is the 8119th most frequent Spanish word.
opep
The word "opep" does not exist in standard Spanish.
Here, 'OPEP' is used as a proper noun acronym to identify a specific organization.
El acrónimo 'OPEP' se refiere a la Organización de Países Exportadores de Petróleo.
The acronym 'OPEP' refers to the Organization of Petroleum Exporting Countries.
In this sentence, 'OPEP' is used to signify the entity and its associated geopolitical impact.
En geopolítica, la influencia de la OPEP en los precios del petróleo es considerable.
In geopolitics, the influence of OPEP on oil prices is considerable.
Here, 'OPEP' represents the organization as the subject of an action in a statement about future plans.