OPEC has no control over global oil markets

Supply disruptions
Russia is the world's top exporter of crude and fuel, shipping around 7 million bpd or 7% of global supplies.
MARIANNA PARRAGA
OPEC has no control over the events that have led to the run up in global oil prices and there is not enough capacity worldwide to compensate for the loss of Russian supply, OPEC S
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Namibian Sun 2024-11-21

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