What does it mean that OPEC is run by socialist leadership?

When it is said that OPEC is run by socialist leadership, it typically refers to the fact that many of its member countries have governments that prioritize state control over Natural Resources and economic activities. These governments often emphasize wealth redistribution, social welfare programs, and nationalization of oil resources, reflecting socialist principles. This can influence OPEC's policies and decisions, such as production levels and pricing strategies, aligning them with the economic and social goals of member states that view oil as a means to support broader social initiatives.