[DOC] [TLE] OPEC : Member Countries [PAR] The Organization of the Petroleum Exporting Countries (OPEC) was founded in 
Baghdad, ... namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and 
Venezuela. ... of Full Members, including the concurring votes of all Founder 
Members. ... Members which are those countries that do not qualify for full 
membership, but... [DOC] [TLE] OPEC : Brief History [PAR] The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, 
... on September 1014, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. 
The five Founding Members were later joined by nine other Members: Qatar (
1961); ... Countries, in order to secure fair and stable prices for petroleum 
producers;... [DOC] [TLE] OPEC - Wikipedia [PAR] Organization of the Petroleum Exporting Countries is an intergovernmental 
organization of 14 nations, founded in 1960 in Baghdad by the first five members, 
and headquartered since 1965 in Vienna. As of 2015, the 14 countries accounted 
for an estimated 43 percent of global .... However, since Saudi Arabia is by far the 
largest and most-profitable oil... [DOC] [TLE] OPEC facts, information, pictures | Encyclopedia.com articles about ... [PAR] Venezuela, Saudi Arabia, Iran, Iraq, and Kuwait formed the Organization of 
Petroleum Exporting Countries (OPEC) in September 1960. ... This set the stage 
for OPEC's takeover of crude oil pricing when the 1973 ArabIsrael War, with .... 
and financial resources to other aspects of industry development, including 
research on... [DOC] [TLE] OPEC Countries - WorldAtlas.com [PAR] Sep 30, 2016 ... What is OPEC? OPEC is an acronym which stands for Organization of the 
Petroleum Exporting Countries. ... Other large producers include Russia, China, 
Canada, and UAE. Out of the ... OPEC was established in 1960 in Baghdad by 
the first five members: Saudi Arabia, Venezuela, Iraq, Kuwait, and Iran. [DOC] [TLE] OPEC | multinational organization | Britannica.com [PAR] Multinational organization that was established to coordinate the petroleum 
policies of ... in January 1961 by five countries: Saudi Arabia, Iran, Iraq, Kuwait, 
and Venezuela. ... Members differ in a variety of ways, including the size of oil 
reserves, ... Other experts believe that OPEC is an effective cartel, though it has 
not been... [DOC] [TLE] 21 Facts About The Oil Cartel OPEC | Xpatnation [PAR] Dec 3, 2015 ... The Organization of the Petroleum Exporting Countries or OPEC has ... since the 
1960s and has often been blamed by some in the West for ... The original 
founding members of OPEC were Iraq, Kuwait, Saudi Arabia, Iran, ... Qatar, Saudi 
Arabia, the United Arab Emirates (UAE), Venezuela and Indonesia... [DOC] [TLE] What is opec - Sesli Szlk [PAR] OPEC is an abbreviation for `Organization of Petroleum-Exporting Countries'. ... 
Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela were the original members; ... oil 
cartel originally formed in 1960 and including in 1983: Saudi Arabia, Kuwait, Iran 
... has other oil producing countries as members The aim of the organisation is to
... [DOC] [TLE] GEO ExPro - The Road to OPEC 1960 [PAR] In the 56 years since the formation of OPEC in 1960, the organization has rarely 
... of OPEC by five founding countries: Saudi Arabia, Venezuela, Iraq, Iran and 
Kuwait. ... and the interests of oil producing nations  the germinal idea for OPEC. 
.... However, oil production from other parts of the world, including the North Sea
... [DOC] [TLE] The Organization of the Petroleum Exporting Countries was founded ... [PAR] On 4 December 1973, Nixon also formed the Federal Energy Office as a ... When 
other OPEC nations failed to comply, Saudi Arabia slashed production from ... 
1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi ... of 
three-fourths of all members, including the concurrent vote of all Founding 
Members. [DOC] [TLE] Organization Of Petroleum Exporting Countries - OPEC Definition ... [PAR] The Organization of Petroleum Exporting Countries (OPEC) was founded in 1960 
...

Question: In 1960 Venezuela & 4 other nations including Kuwait & Saudi Arabia founded this organization
Answer: OPEC