OPEC’s Bid To Tame U.S. Shale Failed In 2014. Will 2026 Be Different?
An oil drilling rig along the Pecos River in the Permian Basin, New Mexico, U.S. (Photo: Jim West) UCG/Universal Images Group via Getty Images For much of the year OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, has been upping its crude…