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Macro Finance

Venezuela Considers Leaving OPEC in Blow to Oil Cartel

Bloomberg Markets·August 28, 2026·1 min read

Venezuela is considering whether to quit OPEC, potentially delivering a fresh blow to the oil cartel it helped create. Bloomberg's Stephen Stapczynski discusses what it means. The move could reshape the cartel's dynamics and impact global oil markets, as Venezuela weighs its membership amid economic and political pressures.

Read at Bloomberg Markets
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