Cartel to Player: OPEC Dynamics in the Global Oil Market.

Since its formation in the 1960s as a regime, OPEC has primarily controlled the world's energy supply and price regulations. The journey of the organization as an energy cartel to the regional geopolitics and to face climate change challenges has been difficult. Although OPEC has undergone various changes in the coming time, its role in the energy market and process cannot be ignored. Despite the shifting energy market, OPEC will remain the dominant force in the coming year, even with the ongoing situation in the current global world order. This research paper intends to understand the various aspects within and outside OPEC, how its role plays a vital role in the current status of OPEC, and how much climate change will impact the organization as a whole. [ABSTRACT FROM AUTHOR]