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 t
ORIGINAL SOURCE →via South China Morning Post
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · AE
- [ENERGY] UAE leaves OPEC and OPEC+ in major blow to global oil producers' group
- [ENERGY] UAE to Exit OPEC After Nearly 60 Years
- [ENERGY] UAE pulls out of OPEC oil cartels citing 'national interests'
- [ENERGY] UAE leaves OPEC in major blow to global oil producers' group - The Detroit News
- [ENERGY] UAE exits OPEC, OPEC+, shakes global oil market
- [ENERGY] UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia - The Washington Post