OPEC+ Is Losing Market Share as Oil Demand Starts to Slip

You think it’s easy being OPEC+? The group controls just 51% of the global oil market — the smallest share since its creation in 2016 — driven by both slow growth demand and the record-high output from competing nations, according to the International Energy Agency. You call that a cartel? That’s…#alphabet #meta #middleeastern #african #mexico #brunei #saudiarabia #iea #brazil #guyana
Source: Reuters: Health - Category: Consumer Health News Source Type: news