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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 the price of petroleum increased fourfold 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 professional historian. It carries the reader from the formation of the first petrostate in the world, Venezuela in the late 1920s, to the global ascent of petrostates and OPEC in the 1970s, to their crisis at the end of the 1980s and beginning of the 1990s.

Petroleum industry and trade --- History --- Organization of Petroleum Exporting Countries --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- History. --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت

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Through innovative and expansive research, Oil Revolution analyzes the tensions faced and networks created by anti-colonial oil elites during the age of decolonization following World War II. This new community of elites stretched across Iran, Iraq, Saudi Arabia, Venezuela, Algeria, and Libya. First through their western educations and then in the United Nations, the Arab League, and the Organization of Petroleum Exporting Countries, these elites transformed the global oil industry. Their transnational work began in the early 1950s and culminated in the 1973-4 energy crisis and in the 1974 declaration of a New International Economic Order in the United Nations. Christopher R. W. Dietrich examines how these elites brokered and balanced their ambitions via access to oil, the most important natural resource of the modern era.

Petroleum industry and trade --- Natural resources --- Decolonization --- Sovereignty --- Autonomy and independence movements --- Colonization --- Postcolonialism --- National resources --- Resources, Natural --- Resource-based communities --- Resource curse --- Energy industries --- Oil industries --- Political aspects --- History --- Economic aspects --- Organization of Petroleum Exporting Countries --- Munazẓamat al-Buldān al-Muṣaddirah li-Nafṭ --- O.P.E.C. --- O.P.E.P. --- OPEC --- OPEK --- OPEP --- Organisation of Petroleum Exporting Countries --- Organización de Países Exportadores de Petróleo --- Organizația Țărilor Exportatoare de Petrol --- Organization of the Petroleum Exporting Countries --- Sekiyu Yushutsukoku Kikō --- Ūbbik --- Ūpik --- Sāzmān-i Kishvarʹhā-yi Ṣādirʹkunandah-yi Naft --- אופ׳ק --- منظمة البلدان المصدرة للبترول --- منظمة البلدان المصدرة للنفط --- اوبك --- اوپك --- سازمان کشورهاى صادرکنندهى نفت --- Developing countries --- Foreign relations. --- OPEC (Organization of the Petroleum Exporting Countries) --- سازمان کشور‌هاى صادرکننده‌ى نفت