GLOBAL CONNECTIONS: the Near/Middle East
September 10-14, 1960: Iraq, Iran, Kuwait, Saudi Arabia, and Venezuela form OPEC, a federation of oil-producing nations.

The Organization of the Petroleum Exporting Countries (OPEC) forms as a group of developing oil-producing countries seeking to enter the international oil market. Its objective today is to coordinate oil policies and to secure fair prices for its member countries (which now number 13) and dependable supply to its customer nations.

WWW Oil Price History and Analysis
http://www.wtrg.com/prices.htm

A discussion of crude oil prices, the relationship between prices and rig count, and the outlook for the future of the petroleum industry.


WWW Organization of the Petroleum Exporting Countries (OPEC)
http://www.opec.org/

The official Web site for the Organization of the Petroleum Exporting Countries (OPEC)