Tag: OPEC
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OPEC+ Freezes November Oil Targets
OPEC+ is expected to freeze November production targets, pausing further increases while actual Gulf output remains constrained below pre-war levels.
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OPEC’s 2026 Oil Growth Forecast Is Evaporating
OPEC has slashed its 2026 oil demand growth forecast by 73%, raising questions about whether global demand could soon decline.
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Is the World’s Biggest Cartel Hiding in Plain Sight?
How Does an Oil Cartel Fit Into a Free Trade Environment?
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US and OPEC: A Relationship of Contradictions
For decades, the United States has criticized OPEC for coordinating oil production and influencing global prices, arguing that free markets—not producer cartels—should determine the price of crude. Yet Washington has never seriously sought to dismantle the organization.
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