UAE to quit OPEC and OPEC+
UAE to quit OPEC and OPEC+ The United Arab Emirates said on Tuesday that it will leave the OPEC and OPEC+ oil cartels on 1 May, state media has reported. “This decision reflects the UAE's long-term strategic and economic vision and evolving energy profile,” the official WAM news agency said. T
ORIGINAL SOURCE →via Middle East Eye
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 leave Opec, Opec+ oil groups, for national interest, global demand
- [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
- [ENERGY] UAE to leave OPEC amid Hormuz oil crisis, a blow to Saudi Arabia
- [ENERGY] UAE officially exits OPEC/OPEC+ effective May 1st. 3.4M barrels/day now "off-leash."