Chaos, manipulation... All the same, no?
- If there is no OPEC, there would not be balance in the market
- OPEC+ output cut levels ma change if market needs it to
It would certainly be interesting to live in a world free of OPEC, where oil prices will be allowed to move freely and according to market demand and supply for a change. One can always hope for it but I won't deny that OPEC has certainly created an interesting dynamic in financial markets with regards to trading a commodity such as oil.