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UAE exit shakes OPEC - But will it really change oil prices?
Amrita Sen, founder and director of market intelligence at Energy Aspects discusses UAE's decision to leave OPEC and how the justification seems intriguing given the oil supply constrain all OPEC members are facing as well. She also discusses how this historic departure does not necessarily come as a surprise and has little impact on the organization's ability to influence oil prices and manage markets.
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dawn.com
UAE leaves Opec in huge blow to global oil producers' group
“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.
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middleeasteye.net
United Arab Emirates says it is leaving Opec and Opec+
Gulf state to leave petroleum cartel from 1 May following regional energy shocks
