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Shocking UAE exit rocks OPEC, but group will still hold significant sway over the oil market
UAE leaving OPEC will have huge ramifications.
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en.mercopress.com
United Arab Emirates leaves OPEC amid energy crisis fueled by Iran war
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…
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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
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thehindu.com
UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group
UAE's exit from OPEC and OPEC+ shakes global oil markets amid rising tensions and Iranian threats during the ongoing war.
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aljazeera.com
UAE leaves OPEC and OPEC+
This is a developing story.
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bbc.com
United Arab Emirates to quit oil cartel Opec
The UAE says it is leaving the Opec and Opec+ groups of major oil producing nations.
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theguardian.com
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
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cnbc.com
United Arab Emirates leaving OPEC, effective May 1
The UAE was the third-largest producer in OPEC in February, behind Saudi Arabia and Iraq.
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huffpost.com
United Arab Emirates Says It Will Leave Oil Exporting Group
It's a win for Trump, who once accused the organisation of "ripping off the rest of the world" by inflating oil prices.
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scmp.com
UAE to leave Opec after 6 decades, oil cartel unity questioned
Abu Dhabi, long at odds over quotas, says exit will free output as experts point to Saudi rift and push to boost production.
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tass.com
FACTBOX: What is known about UAE's decision to quit OPEC, OPEC+
According to the Emirates state news agency, the UAE's decision to exit OPEC and OPEC+ "reflects the UAE’s long-term strategic and economic vision and evolving energy profile"
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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.
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independent.co.uk
UAE to leave Opec oil producers group amid Middle East energy shock
UAE’s withdrawal will leave the oil group with 11 member countries, including Saudi Arabia, Iran, and Iraq
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al-monitor.com
UAE’s OPEC exit rattles cartel as Gulf alliances shift
OPEC's fourth-largest producer will leave the cartel on May 1, marking the most significant departure in the group’s history as the war changes Abu Dhabi's relationship priorities.
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UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
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economist.com
The UAE’s departure from OPEC may not break the cartel
But it will deepen the country’s feud with Saudi Arabia
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forbes.com
United Arab Emirates Will Leave OPEC May 1—Trump Says It's 'Great'
The UAE is among the largest oil producers in the world.
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UAE's departure from the OPEC oil cartel is not without precedence. Who could be next?
The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking questions on who else could follow.
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CNBC Daily Open: UAE leaves OPEC adrift
Markets grapple with the UAE's shock OPEC exit, while also contending with a host of earnings reports and a Fed decision later today.
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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…