What is OPEC, and why does it exist? It's an international organization set up by countries that export large amounts of oil in hopes of controlling prices, however it's history shows a less than successful record.

Sources and Affiliate Links

The Evolution of OPEC, by Albert L. Danielsen https://amzn.to/2upC4ig

Global Organizations: The Organization of Petroleum Exporting Countries, by Heather Lehr Wagner https://amzn.to/2uiboQP

Oil, Debt, and Development: OPEC in the Third World, by Paul Hallwood and Stuart Sinclair https://amzn.to/37swVVi