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UAE asserts OPEC exit was sovereign strategic decision, not political move
The UAE is leaving OPEC and OPEC+ effective May 1, calling it a sovereign strategic decision. The exit removes OPEC's third-largest producer and about 15% of its capacity.
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forbes.com
U.A.E.’s Exit Does Not Mean The End Of OPEC
The U.A.E. decision to leave OPEC and raise production could mean major weakness in prices after the market recovers from the Iran War.
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gulfnews.com
UAE dismisses speculation over its exit from OPEC and OPEC+
UAE’s exit from OPEC and OPEC+ is a sovereign move driven by national interests, long-term economic vision and expanding energy capacity, officials say
