The world’s oil cartel is weaker. But what does it mean for pump prices?
- Posted on April 29, 2026
- By CNN
- 0 Views
- 1 min read
The world’s oil cartel is weaker. But what does it mean for pump prices?
The Organization of the Petroleum Exporting Countries, OPEC, is about to lose one of its biggest members, the United Arab Emirates, delivering a blow to the cartel that could jeopardise its ability to influence global oil supply and prices. The short-term impact on the cost to fill your tank, may be limited, however.
