Middle East
United Arab Emirates· Abu DhabiGlobal oil market shifts with US as exporter and OPEC+ influence waning
The global oil market is undergoing a transformation with the US becoming a net crude exporter, treating strikes as a lever to influence prices, while OPEC+ loses influence with the UAE's departure and controls less than 40% of global production.
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Global oil market shifts with US as exporter and OPEC+ influence waning
First report 13h agoLast update 13h ago1 takes 1
new energy order emergesneutralShow 1 post
started 13h ago•Last update 13h ago
A new energy order is emerging from the Hormuz crisis, characterized by the US as a 'pushing-out supplier,' OPEC+ under siege, and China's growing influence.
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