OPEC Imperium

Yergin, Daniel
November 1975
New Republic;11/15/75, Vol. 173 Issue 20, p15
Focuses on the meeting of the Organization of Petroleum Exporting Countries (OPEC) in Vienna, Australia. OPEC secretary general Chief Feyide's clarifications of misconceptions about the organization; OPEC nations' concern about the emerging estrangement between them and fourth World nations; Weakening of the moral position of the organization; Decision of OPEC on the percentage rise on the price of petroleum; Use of monetary depreciation by OPEC.


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