OPEC 10th Anniversary (1960-1970)

Issued in 1972, this stamp commemorates the 10th anniversary of the Organization of the Petroleum Exporting Countries (OPEC). Created in 1960, OPEC became an important forum for cooperation among major oil-producing nations, including Saudi Arabia, in matters relating to petroleum production, pricing, and energy policy. The design features the distinctive OPEC emblem, representing cooperation among member states in managing one of the world's most important natural resources.

By issuing this commemorative stamp, the Kingdom of Saudi Arabia highlighted the significance of petroleum in national and international economic development. The issue celebrated a decade of cooperation among oil-producing countries and emphasized the role of OPEC in promoting stability, coordination, and mutual interests within the global energy sector.