Illustration of an oil pumpjack in front of stacked barrels bearing the OPEC symbol. The debate explores whether OPEC remains a dominant force in oil markets or whether structural shifts have diminished its influence. (Shutterstock/Maxx-Studio)

Is OPEC Still Relevant in a Changing Energy World?

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This debate examines whether OPEC still shapes global oil markets or whether shifting geopolitics and production trends have overtaken its influence.

For decades, the Organization of Petroleum Exporting Countries (OPEC) has sought to shape global oil markets through coordinated production policies. But the rise of new producers, shifting patterns of energy demand,........

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