US leader believes UAE's exit from OPEC, OPEC+ may help lower fuel prices
The Emirati state news agency WAM reported on April 28 that the country had decided to withdraw from OPEC and OPEC+ effective May 1 of this year
ORIGINAL SOURCE →via TASS
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · AE
- [FINANCE] Warsh hints at a new reading of the Fed's power over swap lines amid UAE discussion
- [ENERGY] Goldman says UAE's exit from OPEC raises medium-term oil supply upside risk - Reuters
- [ENERGY] Trump calls UAE exit from Opec ‘great’, says it could lower prices
- [CONFLICT] FUJAIRAH DATA: Oil product stocks fall 6% to fourth straight record low
- [ENERGY] Oil prices climb amid Hormuz blockade, UAE exit from OPEC
- [ENERGY] Why is the UAE quitting OPEC – and what’s the impact?