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UAE quits Opec in win for Trump as oil cartel weakened

12 sources|Diversity: 81%|

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Al JazeeraBApr 28, 6:05 PM

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.

The HillBApr 28, 1:32 PM

UAE announces plans to leave OPEC: State media

The United Arab Emirates (UAE) will leave OPEC, the country’s government said on Tuesday.  The country will officially exit OPEC and its broader OPEC+ association on May 1 following the government’s i

PBS NewsHourAApr 28, 10:50 PM

How the UAE's departure from OPEC could impact oil markets

There seems to be little movement on the resumption of talks between the U.S. and Iran. There is also almost no movement through the Strait of Hormuz, the vital bottleneck that's essentially cut off 2

BloombergAApr 28, 12:29 PM

UAE to Leave OPEC in May as Iran War Reshapes Oil Market - Bloomberg.com

UAE to Leave OPEC in May as Iran War Reshapes Oil Market  Bloomberg.com

BBC NewsAApr 28, 3:55 PM

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.

AxiosAApr 28, 2:17 PM

UAE leaves OPEC to pursue "accelerated" production

The United Arab Emirates said Tuesday it's exiting OPEC after more than 50 years — a blow to the powerful alliance of big oil producers. Why it matters: The UAE is the group's third-largest producer,

MarketWatchBApr 29, 12:32 AM

U.A.E. is leaving OPEC but will still need to exercise caution as it increases oil production

The United Arab Amirates decision to leave the Organization of the Petroleum Exporting Countries at the end of the week came as a surprise to some, especially during a time of severe global disruption

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