But it will deepen the country’s feud with Saudi Arabia
This is a developing story.
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
Abu Dhabi’s surprise decision to leave the oil cartel raises doubts over its future
The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking questions on who else could follow.
The move reflects a widening confrontation with Saudi Arabia and a fundamental realignment of alliances.
UAE signalling intent to pursue independent economic policies and reshape Gulf oil politics.
Editorial: The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decision
UAE leaving OPEC will have huge ramifications.
After putting on a united front during the Iran war, the Gulf’s most consequential rivalry has burst into the open again
The consequences of the Emirates’ departure from OPEC
As stocks dwindle, further price rises are inevitable
