OPEC+: Market stabilizer, or a structural drag on the global economy?
April 21, 2026
(Oil & Gas 360) – By Greg Barnett, MBA – OPEC+ was once sold as a stabilizing force in global energy markets, a mechanism through which oil‑producing nations could smooth volatility, protect investment, and prevent destructive price collapses. That argument made sense when oil demand was rising rapidly, capital was scarce, and non‑OPEC supply was marginal. None of those conditions hold
