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The Organization of the Oil Producing Countries (OPEC) was formed in 1960 by founding members:

The following countries have since been added to the membership:

  • Qtar in 1961
  • Indonesia and Libya in 1962 (Indonesia suspended membership as of 2009)
  • The United Arab Emirates in 1967
  • Algeria in 1969
  • Nigeria in 1971
  • Ecuador in 1973
  • Gabon in 1975 (terminated membership in 1995)
  • Angola in 2007

OPEC currently has 12 member countries.

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