OPEC is courting Guyana to join the cartel, seeking to extend its influence into a small South American country that has become the world’s fastest-growing oil producer
High oil prices have been beneficial for OPEC+, an alliance of oil-producing countries that controls more than half of the world’s output. WSJ’s Shelby Holliday explains what OPEC+ countries are doing with the windfall and why they aren’t likely to distance themselves from Russia. Illustration: Adele Morgan
GEORGETOWN, Guyana—Thanks to a transformational oil find, this tiny nation has built ties in recent years with the world’s most influential energy companies, financiers and governments. Now, it has a powerful new suitor: OPEC.Continue reading your article with
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