The Evolving Influence of OPEC in a Changing Global Market
· Texas Border Business

In 1960, five major oil producing countries (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela) formed the Organization of the Petroleum Exporting Countries (OPEC).
· Texas Border Business

In 1960, five major oil producing countries (Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela) formed the Organization of the Petroleum Exporting Countries (OPEC).