now sessi is often compared to princess diana, as a royal person who was loved by the people, but couldtake root at court. on september 10, 1960 , a conference of oil-producing countries began in baghdad, during which opec was founded, now an organization of oil exporting countries known to the whole world. opec created to coordinate and develop a common policy in the field of oil production in order to maintain stable prices and ensure stable supplies as much as possible. the founding countries of opec were iraq, iran, kuwait, saudi arabia and venezuela. others joined them later. a number of countries entered and left the organization. currently, opec has 12 members. in addition to the founding countries, these are libya, the united arab emirates, algeria, nigeria, gabon, teteral guinea and the republic of congo. an opec country controls 2/3 of the world's oil reserves, accounting for a third of the world's production, half of its exports. in recent decades, the official opec plus format has been practiced, when other major oil-producing countries, together with opec, agree on a genera