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The New Oil Geopolitics - Industry & Energy Magazine
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The United States redefines oil geopolitics with shale, tariffs and alliances; OPEC+ loses control and Venezuela could be reinstated. Mexico, by reducing exports, is getting out of the board. In 2026, a new oil market is emerging, in which uncertainties will no longer be the dominant factor in the formation of the barrel price. In recent years, OPEC+ tried to take advantage of this volatility to retain control over world production and prices, b…
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