On May 1, the United Arab Emirates will end its a 59-year membership in the oil consortium, allowing it to raise output during one of the most volatile energy markets in years.

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…

Die Vereinigten Arabischen Emirate treten mit Wirkung zum 1. Mai aus der Organisation erdölexportierender Länder (Opec) aus. Hintergrund sei eine gründliche Abwägung auch mit…

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