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The Rise and Fall of OPEC in the Twentieth Century - Oxford Scholarship Online
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The Rise and Fall of OPEC in the Twentieth Century

Giuliano Garavini


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 t ... More

Keywords: OPEC, petroleum, energy, Global South, decolonization, petrostates, environment, sovereignty, climate change, anthropocene

Bibliographic Information

Print publication date: 2019 Print ISBN-13: 9780198832836
Published to Oxford Scholarship Online: August 2019 DOI:10.1093/oso/9780198832836.001.0001


Affiliations are at time of print publication.

Giuliano Garavini, author
Senior Research Fellow in the Humanities, NYU Abu Dhabi