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US likely to benefit as UAE shifts oil strategy away from OPEC, experts say
UAE wants to supply more oil than its OPEC quota and that could help push down prices once the Strait of Hormuz opens.
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cnbc.com
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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theguardian.com
How the UAE’s decision to leave Opec could recast the Middle East
Defection is damaging to Saudi Arabia’s prestige – and could strengthen the US hand in the region
