Organization of the Petroleum Exporting Countries (OPEC)
The Organisation of the Petroleum Exporting Countries is an intergovernmental organisation consisting of 14 countries that together possess 81.5% of the world’s proven oil reserves. OPEC seeks to ‘stabilise’ oil markets and secure an ‘efficient supply’ of oil to consumers, in addition to generating revenues for its members. It achieves this by setting targets and co-ordinating production, making it a highly influential player in the global economy. However, in the past few years, its monopoly on oil has been challenged by U.S. shale.
Click here to view your study guide – OXIMUN 2019 OPEC Study Guide
Introducing your chairs…
Fariha Baba is a third year Mathematics and Economics student at the University of Warwick. She began Model UN during her last years of school in South London, and is very excited to be chairing OPEC at OXIMUN this year. Outside of MUN, Fariha devotes much of her time to music and baking.
Jason has recently completed a Master’s Degree in Geopolitics and Grand Strategy at the University of Sussex. Prior to that he was at Durham University where he read Physics and Philosophy. In his studies he has extensively studied the geopolitics as well as the political economy of oil. Thus, he is very excited to facilitate intense and stimulating debate on these topics by the talented delegates of the committee. MUN has been the most cherished part of Jason’s student life. Through it he has made friends (and a few enemies) all over the world, made unforgettable memories and found his strength and a footing in the world. He strives for every delegate in the committee to get just as much from OXIMUN 2019.
Outside of MUN, Jason can ideally be found in the local swimming pool or basketball court. However, more often than not, he is in his room studying for the entrance exams to the Greek diplomatic corps and watching cooking Youtube videos.