Organization
OPEC
Organization of the Petroleum Exporting Countries, founded in Baghdad in September 1960 by five oil-producing countries.
- Dates
- 14 Sep 1960 –
- Also known as
- Organization of the Petroleum Exporting Countries
- Wikidata
- Q7795
Connections 6
members
- Kuwait Sep 1960 Self-published 1
- Saudi Arabia Sep 1960 Self-published 1
involved in
- Baghdad Conference of 1960 created at it Self-published 1
- Oil price talks of 1971 won large tax increases According to United States government Primary record 2
- Tehran price decision of December 1973 Persian Gulf members raised their prices Primary record 3
headquartered in
Timeline 3 dates
- Sep 1960 Kuwait member of OPEC
- Sep 1960 Saudi Arabia member of OPEC
- 14 Sep 1960 – OPEC
Proof 3 sources
-
OPEC: Brief History, Organization of the Petroleum Exporting Countries.
Self-published
created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela
established its Secretariat, first in Geneva and then, in 1965, in Vienna
-
Intelligence Note, Oil: New Confrontation Over “Participation”?, Washington, 11 August 1971 (FRUS 1969–1976, vol. XXXVI, doc. 91), U.S. Department of State, Office of the Historian, 11 Aug 1971.
Primary record
OPEC’s oil tax victory over the oil companies earlier this year marked a definite shift in bargaining power in favor of the exporting countries.
-
Telegram From the Embassy in Iran to the Department of State, Tehran, 26 December 1973 (FRUS 1969–1976, vol. XXXVI, doc. 271), U.S. Department of State, Office of the Historian, 26 Dec 1973.
Primary record
The consternation caused by the doubling of Persian Gulf crude oil prices
Page history 1 change
- Add The Oil Weapon: the 1973 oil embargo, from OPEC's founding to the Strategic Petroleum Reserveb19881d
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