In October 1973, members of the Organization of Petroleum Exporting Countries (OPEC), led by Saudi Arabia, proclaimed an oil embargo. The express purpose of the embargo was to punish nations ...

When some producers declared an oil embargo and production cutback in 1973, ... but demand for OPEC oil nevertheless dropped by half in the early 1980s which served as a painful lesson about over ...

Fifty years ago this fall, Arab members of OPEC cut off their oil exports to the United States in retaliation for the U.S.’s support of Israel in the 1973 Mideast war.. The impact in the United ...

In 1973, Arab OPEC producers led by Saudi Arabia imposed an oil embargo on the United States in retaliation for its support for Israel in the Middle East war in October of that year.

In 1973, the world experienced a major turning point in automotive history. The Organization of Petroleum Exporting Countries (OPEC) decided to tighten the flow of oil to the United States ...

“Even the 1973 oil embargo was not an OPEC decision, it was an OAPEC decision and it wasn’t even fully adhered to - Saudi Arabia secretly supplied the American navy with oil during the embargo ...

This had changed after the OPEC oil embargo was lifted in March 1974 but, as also analysed in full in my new book on the new global oil market order, under the guidance of Henry Kissinger (U.S ...

In 1973, in the face of a debilitating energy crisis, President Richard M. Nixon lit a National Christmas Tree sporting just a single light — and asked Congress to grant him authority to curtail ...

Drawing from 1973-74 OPEC embargo experience, ... The 1973 OPEC oil crisis had no lasting damage on equities. You might even argue it was a great time to load up on lower valued stalwarts.

In 1973, Arab OPEC producers led by Saudi Arabia imposed an oil embargo on the United States in retaliation for its support for Israel in the Middle East war in October of that year.