# After OPEC, oil market enters a new era: Kemp

> Reuters columnist John Kemp writes that OPEC is changing fundamentally, with power shifting toward Saudi Arabia acting alongside Russia while other members are increasingly sidelined. The piece is commentary on the group's structure rather than a new supply event.

- Date: 2018-06-28 · published 2018-06-28T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/64687-after-opec-oil-market-enters-a-new-era-kemp
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Changes in OPEC's cohesion affect the long-run path of crude supply decisions, but the column itself does not announce a new volume change.

## Sources

- reuters.com: https://www.reuters.com/article/oil-prices-kemp/column-after-opec-oil-market-enters-a-new-era-kemp-idUSL8N1TU3UZ/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.