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Organization of Petroleum Exporting Countries (OPEC)

  • In: Encyclopedia of Global Studies
  • Edited by: Helmut K. Anheier & Mark Juergensmeyer
  • Subject:Globalization, Social Policy (general), Cultural Geography

The Organization of Petroleum Exporting Countries (OPEC) is a key player in the global trade of oil. In addition to the original five founding countries in 1960—Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela—as of January 2011, OPEC members also included Algeria ...

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