
UAE Withdraws From OPEC Oil Cartel
The United Arab Emirates has announced its decision to withdraw from the OPEC oil cartel, citing national interests. This move is seen as a significant blow to the alliance, potentially weakening its influence over global oil markets.
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Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide - AP News
Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide AP News
Read full article →UAE leaves OPEC in major blow to global oil producers' group - Reuters
UAE leaves OPEC in major blow to global oil producers' group Reuters
Read full article →Faisal Islam: Why the UAE's exit from Opec is a big deal
It will have little effect on the current oil blockades, but it could change everything afterwards.
Read full article →Amid Iran War and Tensions with Neighbors, U.A.E. Goes Its Own Way
The United Arab Emirates’ decision to leave OPEC has rocked the region, underscoring how the country, at odds with Saudi Arabia, is increasingly charting its own course.
By Vivian Nereim and Ismaeel Naar
Read full article →The UAE’s OPEC Exit Is Existential for the Oil Cartel - Bloomberg.com
The UAE’s OPEC Exit Is Existential for the Oil Cartel Bloomberg.com
Read full article →UAE to leave Opec in blow to oil cartel
Move underlines long-running frustrations with group of over production quotas
Read full article →UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia
The departure weakens the Organization of the Petroleum Exporting Countries, long criticized by Trump, as the global economy reels from the Iran war energy shock.
By Mohamad El Chamaa
Read full article →UAE to withdraw from OPEC and OPEC+
The United Arab Emirates will withdraw from the oil cartels on May 1, 2026, state media said, calling it a strategic decision by the major producer.
Read full article →How the UAE’s decision to leave Opec could recast the Middle East
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region The United Arab Emirates’ decision to walk out of Opec is a political as much as business decision, and will reignite the simmering rows between the UAE and Saudi Arabia – which had been covered up by their shared anger with Iran over its attacks on the Gulf states since the start of the US-Israel war on Tehran. In the short term, leaving the oil producing cartel it joined in 1967 gives the UAE t...
By Patrick Wintour, Diplomatic editor
Read full article →The United Arab Emirates says it's leaving OPEC, in a blow to oil cartel
The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.
By Camila Domonoske
Read full article →What are OPEC and OPEC +, and why has the UAE quit?
The Gulf state is the latest to quit the group, which was created to form a united front on oil pricing.
Read full article →UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
Read full article →U.A.E. leaving OPEC amid Middle East energy supply crunch
The loss of the U.A.E., a longstanding OPEC member, could weaken the group which has usually sought to show a united front — despite internal disagreements over a range of issues from geopolitics to production quotas.
Read full article →UAE to leave Opec, Opec+ oil groups, for national interest, global demand
The United Arab Emirates announced on Tuesday that it will leave the Organization of the Petroleum Exporting Countries (Opec) and the wider Opec+ alliance effective May 1, a move that signals a push for greater control over its production strategy. The decision followed “a comprehensive review” of the country’s production policy and capacity, the Ministry of Infrastructure said in a statement, adding that it was based on national interests and a commitment to help meet global market...
By Teresa Elena Frontado
Read full article →UAE quits OPEC in shock move amid energy turmoil
The United Arab Emirates is withdrawing from the OPEC and OPEC+ oil cartels as the Iran war drives a historic energy shock and rattles the global economy.
Read full article →UAE leaves OPEC in a blow to oil cartel
The United Arab Emirates has announced it will leave OPEC and OPEC+ on May 1, in a significant blow to the oil cartels. In a statement, the Gulf country said it was doing so to focus on its national interest. The country had often expressed frustration at production quotas set by the group, and its relationship with Saudi Arabia, OPEC's de facto leader, had become increasingly tense.
By Yuka ROYER
Read full article →These two countries are the most likely to leave OPEC’s orbit next
The U.A.E. was the “most likely” candidate to leave OPEC, but others may follow.
By Claudia Assis
Read full article →Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide
The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe
By David McHugh
Read full article →United Arab Emirates Will Leave OPEC May 1—Citing Iran War - Forbes
United Arab Emirates Will Leave OPEC May 1—Citing Iran War Forbes
Read full article →Faisal Islam: Why the UAE's exit from Opec is a big deal
Read full article →UAE to exit OPEC, OPEC+ amid Hormuz disruptions: What it means for world oil order
The Organization of the Petroleum Exporting Countries or OPEC is a group of major oil-producing nations. This group coordinates their petroleum production policies to help effectively manage global oil supply and influence crude prices.
By TOI BUSINESS DESK
Read full article →What is OPEC, OPEC+ and why the UAE no longer want to be a part of it
The UAE has announced it will quit OPEC and OPEC+ from May 1, 2026, in a move that could reshape global oil markets.
Read full article →Explained: The UAE’s exit from OPEC, and its possible impact on global oil prices
By Arav Shah
Read full article →UAE leaves OPEC and OPEC+ in huge blow to global oil producers’ group - The Straits Times
UAE leaves OPEC and OPEC+ in huge blow to global oil producers’ group The Straits Times
Read full article →UAE taking advantage of long-term global energy needs by leaving OPEC - analysis
“At a pivotal moment in the process of supporting the stability of global energy markets, the UAE adopted a long-term strategic and economic vision,” one report says.
Read full article →UAE leaves OPEC in blow to global oil producers’ group
The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers’ group as an unprecedented energy crisis caused by the Iran war exposes discord among Gulf nations. The exit of the UAE – one of the group’s biggest producers – weakens OPEC’s control over global oil supplies and […]
Read full article →UAE To Quit Oil Exporting Groups OPEC, OPEC+ Amid Iran War
UAE To Quit Oil Exporting Groups OPEC, OPEC+ Amid Iran War
Read full article →UAE leaves Opec and Opec+ in huge blow to global oil producers' group
The United Arab Emirates (UAE) said on Tuesday it quit Opec and Opec+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the war on iran has caused a historic energy shock and unsettled the global economy. The stunning loss of the UAE, a longstanding Opec member, could create disarray and weaken the group, which has usually sought to show a united front despite internal disagreements over a range of issues from geopolitics to production q...
By none@none.com (Reuters)
Read full article →UAE leaves OPEC in blow to global oil producers' group
The United Arab Emirates will withdraw from the OPEC and OPEC+ oil cartels to focus on "national interests", a statement has said, a bombshell announcement as energy prices soar over the Middle East war.
Read full article →Japanese public wants energy-saving as Takaichi holds back
The war in Iran is putting pressure on Japan to consider energy-saving measures, a challenge for the prime minister as she seeks to calm public anxiety over potential shortages.
Read full article →Analysis:UAE exit weakens OPEC+ power over oil market but group to stay together, sources say
Read full article →UAE leaves OPEC in major blow to global oil producers’ group
The United Arab Emirates said on Tuesday it was quitting oil-producers’ group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The loss of the UAE, a longstanding OPEC member, could create disarray and weaken the group, which has usually sought to show a united front despite internal […]
By newsroom
Read full article →UAE leaves OPEC and OPEC+ in major blow to global oil producers’ group
UAE Energy Minister Suhail Mohamed al-Mazrouei says the decision was taken after a careful look at the regional power's energy strategies
By Reuters
Read full article →UAE announces it will leave Opec - The National
UAE announces it will leave Opec The National
Read full article →UAE quits Opec in blow to global oil cartel
DUBAI - The United Arab Emirates said on Tuesday it was quitting Opec and Opec+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia, at a time when the Iran war has caused a historic energy shock and unsettled the global economy.
Read full article →UAE quits Opec: Why oil markets reacted; what happens next - Khaleej Times
UAE quits Opec: Why oil markets reacted; what happens next Khaleej Times
Read full article →United Arab Emirates says it will leave OPEC effective May 1 - Arab News
United Arab Emirates says it will leave OPEC effective May 1 Arab News
Read full article →UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group
The stunning loss of the longstanding OPEC member could create disarray and weaken the group
By Reuters
Read full article →UAE withdraws from OPEC and OPEC +, effective 1 May - Economy - Business - Ahram Online
UAE withdraws from OPEC and OPEC +, effective 1 May - Economy - Business Ahram Online
Read full article →UAE Quits OPEC in Shock Move Amid Energy Turmoil - Tempo.co English
UAE Quits OPEC in Shock Move Amid Energy Turmoil Tempo.co English
Read full article →UAE leaves Opec and Opec+ in huge blow to global oil producers' group - Geo News
UAE leaves Opec and Opec+ in huge blow to global oil producers' group Geo News
Read full article →JUST IN: UAE withdraws from OPEC, OPEC+
The UAE energy ministry announced this in a statement on Tuesday. The post JUST IN: UAE withdraws from OPEC, OPEC+ appeared first on Premium Times Nigeria.
By Beloved John
Read full article →First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers
First Of Many? UAE Exits OPEC As Iran Chaos Triggers Nationalistic Realignment Among Producers Just days after the UAE publicly signaled liquidity concerns by requesting swap lines from the Federal Reserve to ease pressures on the country's banks, major Gulf oil producer, the UAE, has decided to exit the oil cartel - an unexpected development that crossed Bloomberg headlines on Tuesday morning around 0822 ET. OPEC finished https://t.co/RtxJdZQeQh April 28, 2026 The official web...
By Tyler Durden
Read full article →UAE to exit OPEC, OPEC+ in blow to oil producer groups
The United Arab Emirates (UAE), in a surprise move, said on Tuesday it was leaving the Organization of the Petroleum Exporting Countries (OPEC) and its wider grouping, OPEC+, in a...
Read full article →UAE quits OPEC in shock move amid energy turmoil - Dhaka Tribune
UAE quits OPEC in shock move amid energy turmoil Dhaka Tribune
Read full article →UAE exits OPEC, OPEC+, shakes global oil market
The UAE has announced its withdrawal from OPEC and OPEC+, effective May 2026. Discover why the UAE exits OPEC and the impact on global energy politics. Read More: https://punchng.com/uae-exits-opec-opec-shakes-global-oil-market/
By Punch Newspapers
Read full article →Oil: What the UAE–OPEC “divorce” means for energy markets
The Reuters report gathers early reactions from analysts following the United Arab Emirates’ decision to leave OPEC and OPEC+, highlighting what it could mean for the future of the organization and global energy markets — including implications for the United States The post Oil: What the UAE–OPEC “divorce” means for energy markets appeared first on ProtoThema English.
By admin
Read full article →UAE to exit OPEC, OPEC+ amid global supply disruptions, energy policy shift - rudaw.net
UAE to exit OPEC, OPEC+ amid global supply disruptions, energy policy shift rudaw.net
Read full article →UAE announces exit from OPEC, OPEC+ amid Iran war tensions
The United Arab Emirates has announced it is withdrawing from OPEC and the broader OPEC+, delivering a significant setback to the oil-producing bloc and its de facto leader, Saudi Arabia, at a time when the ongoing Iran war has triggered a major global energy shock. The post UAE announces exit from OPEC, OPEC+ amid Iran war tensions appeared first on Vanguard News.
By efosataiwo@vanguardngr.com
Read full article →UAE Withdraws From OPEC Amid Gulf Tensions, Global Energy Uncertainty
The United Arab Emirates announced today its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, marking a shift in Gulf energy politics amid rising regional tensions and pressure on global oil markets. The post UAE Withdraws From OPEC Amid Gulf Tensions, Global Energy Uncertainty appeared first on Morocco World News.
By Hanane Afeznaoui
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