OPEC+ Faces "Coordination Fatigue" and Production Creep
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) are struggling to maintain unified production cuts amidst low prices. Key members like the UAE and Iraq are expanding capacity and occasionally over-producing their quotas, leading to market skepticism regarding the cartel's ability to stabilize prices around the desired $70-$80 per barrel range
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