Many say no. There are non OPEC nations. The production cut is obviously cutting into their oil revenues. Sooner or later they will have to resume production.
Pres Biden is hurting OPEC by releasing strategic oil reserves to drive down prices (by increasing supply)
and is buying at lower price (US is fighting OPEC). Couple that with increasing energy from renewables and oil exporting countries may be doomed Besides supply is running out Fossil fuels are non renewable. Smart Arab nations have discounted energy business away from their projections.
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