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THIS DAY AT LAW
Today in legal history...

Monday, September 14, 2009

OPEC founded
JURIST Staff at 12:01 AM ET

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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