The OPEC or The Organization of the Petroleum Exporting Countries is an intergovernmental organization whose main purpose is to coordinate the policies of the oil-producing countries. It was created at the Baghdad Conference between September 10 to 14, 1960, by Iraq, Kuwait, Iran, Saudi Arabia and Venezuela.
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The OPEC or The Organization of the Petroleum Exporting Countries is an intergovernmental organization whose main purpose is to coordinate the policies of the oil-producing countries. It was created at the Baghdad Conference between September 10 to 14, 1960, by Iraq, Kuwait, Iran, Saudi Arabia and Venezuela.