Article #13068
South China Morning Post - World News
| Title | UAE to exit Opec, dealing blow to oil cartel’s unity | Source | South China Morning Post - World News |
| Description | 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... | ||
| Link | https://www.scmp.com/news/us/article/3351752/uae-leave-opec-opec-oil-groups-national-interest-global-demand?utm_source=rss_feed | Published At | 2026-04-28 10:16:10 (1 month ago) |
| Created At | 2026-04-28 10:18:19 | Updated At | 2026-04-28 11:12:15 |