# Why a Once-Powerful OPEC Is Losing Global Sway

https://mins.news/en/video/55619

- Bloomberg Television, 2026-09-12 08:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=KGly-C1QsNw

> OPEC’s long-standing influence over the global oil market is eroding as some members favor immediate sales over production limits. With the UAE already out and Venezuela weighing its options, Saudi Arabia’s ability to shape energy markets is becoming precarious.