OPEC at the Crossroads

The Organization of Petroleum Exporting Countries (OPEC) was founded by five leading Third World oil producers in 1960 - Iran, Iraq, Kuwait, Saudi Arabia and Venezuela - as a means of safeguarding their economic interests. The 1980s have witnessed a dramatic reduction in OPEC's economic power, resulting from policies and actions of the major participants in the international oil industry, including OPEC itself. This collection of articles places a contemporary spotlight on the main issues at stake. In a specially written introduction the author explains why he believes that OPEC is now at a crossroads in its development as a viable international organization.Al-Chalabi, Fadhil J. is the author of 'OPEC at the Crossroads', published 1989 under ISBN 9780080375267 and ISBN 008037526X.