The UAE has been an OPEC member through the emirate of Abu Dhabi since 1967, four years before the former British protectorate became a country.

The United Arab Emirates announced on Tuesday its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance, in a decision taking…

“This is a policy decision, it has been done after a careful look at current and future policies related to level of production,” energy minister says.

Gulf state to leave petroleum cartel from 1 May following regional energy shocks

This is a developing story.