The Organisation of Petroleum Exporting Countries (Opec) stands ready to meet the many challenges it will face as it enters the next six decades of its history, affirmed the Vienna-based organisation on the occasion of its 60th anniversary on Monday. The five Founding Fathers of Opec: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela gathered at the historic 'Baghdad Conference' in 1960, to midwife Opec into the world, reported state news ...