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The energy map in 2026: OPEC+ and the custodial crude paradox Oil markets are no longer defined by simple shifts in supply and demand. (confirmed by 2 sources) [1]
DUBAI -- OPEC+ blamed capacity constraints for a meager oil output increase in response to pleas from U.S. President Joe Biden to open the taps wider, but experts are citing another reason for the stinginess: Russia. [3]
More than seven months into a historic effort by OPEC and some non-OPEC oil exporters to rein in production, the market finds itself in no-man's land. CommoditiesCrude prices in limbo; ball back in OPEC's court ![Avatar]( [4]
TOKYO -- The collapse of crude oil prices raises serious questions about the future of OPEC. Yet it may be premature to pen an obituary for the once-powerful cartel. [5]
VIENNA -- Prospects for global oil prices are looking up following OPEC's first agreement to cut output in eight years, though a resurgence by the U.S. shale oil industry could weigh on the market again before long. [6]
LONDON -- With crude oil prices hovering at 12-year lows, OPEC members have begun approaching Russia and other non-OPEC oil-rich countries to team up to tackle the situation. [7]
TOKYO -- Russia, a leading oil producer, may boost output even after OPEC unexpectedly reached an agreement to reduce production at its meeting in Algeria on Sept. 28. [8]
DUBAI -- OPEC's recent decision to keep crude oil output unchanged despite tumbling prices highlights Saudi Arabia's determination to solidify its position as the world's top oil exporter. [9]
The energy map in 2026: OPEC+ and the custodial crude paradox Oil markets are no longer defined by simple shifts in supply and demand.
DUBAI -- OPEC+ blamed capacity constraints for a meager oil output increase in response to pleas from U.S. President Joe Biden to open the taps wider, but experts are citing another reason for the stinginess: Russia.
More than seven months into a historic effort by OPEC and some non-OPEC oil exporters to rein in production, the market finds itself in no-man's land. CommoditiesCrude prices in limbo; ball back in OPEC's court ![Avatar](
TOKYO -- The collapse of crude oil prices raises serious questions about the future of OPEC. Yet it may be premature to pen an obituary for the once-powerful cartel.
VIENNA -- Prospects for global oil prices are looking up following OPEC's first agreement to cut output in eight years, though a resurgence by the U.S. shale oil industry could weigh on the market again before long.
LONDON -- With crude oil prices hovering at 12-year lows, OPEC members have begun approaching Russia and other non-OPEC oil-rich countries to team up to tackle the situation.
TOKYO -- Russia, a leading oil producer, may boost output even after OPEC unexpectedly reached an agreement to reduce production at its meeting in Algeria on Sept. 28.
DUBAI -- OPEC's recent decision to keep crude oil output unchanged despite tumbling prices highlights Saudi Arabia's determination to solidify its position as the world's top oil exporter.
TOKYO -- The rise in crude oil driven by OPEC's surprise deal Wednesday to cut output has proved short-lived amid doubts about whether the agreement will work out as planned, as well as expectations that U.S. production will pick up as prices rise.