Ministers warn that energy investment at crisis levels No current shortage in the oil market, Mazrouei says OPEC+ blamed unfairly for high prices, Prince Abdulaziz says Targeted by so-called NOPEC legislation in the US that would allow antitrust lawsuits against the producer alliance, top OPEC officials said May 10 the bill would worsen market volatility by driving away investment in the oil industry. Receive daily email alerts, subscriber notes & personalize your experience. Register Now OPEC and its allies are being blamed unfairly for the energy crisis, when other commodities are also seeing high prices, Saudi energy minister Prince Abdulaziz bin Salman said. “The world needs to wake up. The world is running out of energy capacity at all levels. It is a reality,” Prince Abdulaziz said at the World Utilities Congress in Abu Dhabi. “The world needs to work collectively, comprehensively in salvaging the world economy from […]