1. By: Ronnie Birkmire

2. When and Where
 OPEC was created on September 10th
through the 14th in 1960 at the Baghdad
Conference
 In OPEC’s first five years of exsisence
it’s headquarters was located in
Gevena, Switzerland.
 On September 1st 1965 OPEC’s
headquarters was moved to Vienna,
Austria.

3. Objectives
 OPEC’s main objective is to organize
and unify petroleum policies among
member countries, in order to secure fair
and stable prices for petroleum
producers.
 They control the effiecent, economic
supply of petroleum to the consuming
nations.

4. Members
 Originally created by
 Iran
 Iraq
 Kuwait
 Saudi Arabia
 Venezuela
 Nine other countries then joined
 Qatar (1961)
 Indonesia (1962)
 Libya (1962)
 United arab Emirates (1967)
 Algeria (1969)
 Nigeria (1971)
 Ecuador (1973)
 Angola (2007)
 Gabon (1975-1994)

5. Why Founded
 OPEC was founded in order to keep a
steady supply of product that the
countries apart of it have.
 The control
 Flow of product
 Cost
 Who can have the product

6. Goals/Missions/Functions
 Keeping stability in the price of their oil
 Having stable energy markets
 Having greater regionalism,
globalization, the communications
revolution, and other high-tech trends.
 Keeping steady flow of there product

7. LOGO

8. Work Consulted
"Brief History." OPEC :. N.p., n.d. Web. 10 Sept. 2012.
<http://www.opec.org/opec_web/en/about_us/24.htm>.