OPEC+: The Geopolitical Powerhouse Shaping Global Oil Markets

When it comes to the global energy market, few alliances wield as much influence as OPEC+. This coalition of 23 oil-producing nations, comprising the 13 members of the Organization of the Petroleum Exporting Countries (OPEC) and 10 non-OPEC allies, plays a pivotal role in determining oil supply, prices, and market stability. In 2022, OPEC+ collectively […]