OPEC may soon lose its sway over global oil prices, IEA says
June 12, 2024 at 12:29 PM EDT
London CNN — A looming glut in global oil supply could “upend” attempts by the Organization of the Petroleum Exporting Countries and its allies, or OPEC+, to prop up prices by cutting production, according to the International Energy Agency. The Paris-based IEA said Wednesday that it expects growth … Source
