UAE Explains Departure from OPEC as Strategic Economic Decision

The United Arab Emirates has clarified that its decision to leave the OPEC oil producer group, effective May 1, was a strategic economic move rather than a political one.

16 May, 13:13 — 16 May, 13:13

Post Share

Sources

Showing 1 of 1 sources

cnbcMostly Factual19d ago

UAE says its decision to leave OPEC was a strategic economic move, not a political one

The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.

Read full article →

PERSPECTA

PERSPECTA

UAE Explains Departure from OPEC as Strategic Economic Decision

Sources

UAE says its decision to leave OPEC was a strategic economic move, not a political one

Related Stories

Amazon's First Customer Receipt Goes Viral, Bezos and Musk React

Latvia Opens Large Renewable Energy Park with €100 Million Investment

Wipro Ex-Employee Alleges Forced Conversion by Boss, Company Responds

Lufthansa Plane's Nose Gear Collapses at Frankfurt Airport, Injuring Several

PERSPECTA