In recent months, the global oil market has witnessed significant turmoil, leading to a collapse in oil prices that has left industry experts and geopolitical analysts alike speculating about the future of the Organization of the Petroleum Exporting Countries (OPEC). In a thought-provoking discussion, Doomberg recently joined David Lin to analyze these trends, delving into the underlying factors driving the market downturn and questioning whether OPEC’s influence is waning. Oil prices, which had previously surged due to a range of factors including geopolitical tensions and supply chain disruptions, have taken a downward plunge. As of late 2023, we are seeing…
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