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Figure 1: Invitation for the exhibtion “Oliedam: Rotterdam in the oild era, 1862-today” at Museum Rotterdam.
The economic elite was closely associated with the main political forces, including those driving Rotterdam’s annexation of the neighboring municipality of Charlois in 1895, which would become the core of the oil storing and trading.
By 1940, Rotterdam was the third largest port of the world, after New York and London.
Demand in Europe increased, but with nationalization of oil in the Middle East and the creation of OPEC in 1960 supply was reduced, and prices rose.
Today, the BP refinery in Rotterdam, which started production in 1967, includes facilities at Europoort and Pernis.
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