Home/UAE/Topic · UAE exits OPEC after over 50 years to accelerate oil product…ID T-15143

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UAE exits OPEC after over 50 years to accelerate oil production

The United Arab Emirates announced its departure from OPEC, citing long-term energy demand and accelerating domestic production. The move weakens OPEC's ability to control output and prices.

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Friday, 1 May 2026 at 23:38 UTC

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The United Arab Emirates announced its departure from OPEC, citing long-term energy demand and accelerating domestic production. The move weakens OPEC's ability to control output and prices.

e/eineurope · topic · T-15143cycle Friday, 1 May 2026 at 23:38 UTC · first reported 28 Apr