Rise and Fall of OPEC in the Twentieth Century

The Organization of the Petroleum Exporting Countries (OPEC) is one of the most recognizable acronyms among international organizations. It is mainly associated with the ''oil shock'' of 1973 when prices of petroleum quadrupled and industrialized countries and consumers were forced to face the limits of their development model.This is the first history of OPEC and of its members written by a profe...