OPEC founded

On September 14 1960, the Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq. OPEC was created to promote higher crude oil prices for its members through the restriction of global supply.

Learn more
about the history of OPEC from Le Monde.
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About This Day at Law

This Day at Law is JURIST's platform for legal history, highlighting interseting and important developments that shaped the law and the world.

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