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Wednesday, February 25, 2026

OPEC may soon lose its sway over global oil prices, IEA says

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 …

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