UAE leaves OPEC in major blow to global oil producers' group - Reuters

UAE leaves OPEC in major blow to global oil producers' group  Reuters

United Arab Emirates says it will leave OPEC effective May 1 - AP News

United Arab Emirates says it will leave OPEC effective May 1  AP News

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.

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

United Arab Emirates Says It Will Leave OPEC in Major Move

The Gulf government has long complained about the oil cartel’s quotas, which officials believe unfairly limited their exports.

By Vivian Nereim

UAE to leave Opec in blow to oil cartel

Move underlines long-running frustrations with group of over production quotas

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

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.

UAE to quit Opec in blow to oil exporters’ cartel

Big win for Donald Trump, who has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices Business live – latest updates The United Arab Emirates has quit the Opec oil cartel in a heavy blow to the group and its de facto leader, Saudi Arabia amid the global energy shock caused by the Iran war. 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 disa...

By Reuters

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

UAE leaves OPEC in blow to oil cartel amid war on Iran

The United ‌Arab Emirates has announced it’s withdrawing from OPEC and OPEC+.

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.

United Arab Emirates leaving OPEC, effective May 1

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

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.

UAE to quit global oil cartel OPEC, citing 'national interests'

The United Arab Emirates announced on Tuesday it will quit the global oil cartel OPEC and OPEC+ to focus on "national interests" as energy prices continue to climb amid the ongoing Iran conflict.

By FRANCE 24

UAE to leave Opec group of oil producers amid Middle East energy shock

The UAE joined Opec in 1967, and its departure will leave the oil cartel with 11 member countries including Saudi Arabia, Iran and Iraq.

By Anna Wise

United Arab Emirates Will Leave OPEC May 1—Citing Iran War - Forbes

United Arab Emirates Will Leave OPEC May 1—Citing Iran War  Forbes

Faisal Islam: Why the UAE's exit from Opec is a big deal

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

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.

Explained: The UAE’s exit from OPEC, and its possible impact on global oil prices

By Arav Shah

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

UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

UAE Energy Minister Suhail Mohamed al-Mazrouei told Reuters the decision was made after a careful look at the regional power's energy strategies.

UAE To Quit Oil Exporting Groups OPEC, OPEC+ Amid Iran War

UAE To Quit Oil Exporting Groups OPEC, OPEC+ Amid Iran War

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)

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.

Oil prices trim gains after UAE exits OPEC, OPEC+

Oil rally accelerates on UAE OPEC exit, and these 10 energy stocks have taken notice

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

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

UAE announces it will leave Opec - The National

UAE announces it will leave Opec  The National

UAE's OPEC exit: From India’s point of view, this is very good development, analysts say - Khaleej Times

UAE's OPEC exit: From India’s point of view, this is very good development, analysts say  Khaleej Times

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

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

UAE Quits OPEC in Shock Move Amid Energy Turmoil - Tempo.co English

UAE Quits OPEC in Shock Move Amid Energy Turmoil  Tempo.co English

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

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

UAE to withdraw from OPEC, OPEC+: State media

The United Arab Emirates (UAE) would exit the major grouping of oil-producing nations, OPEC and OPEC+, effective May 1, state media reported on Tuesday. The UAE made the announce...

UAE quits OPEC in shock move amid energy turmoil - Dhaka Tribune

UAE quits OPEC in shock move amid energy turmoil  Dhaka Tribune

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

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

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

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