UAE's withdrawal from OPEC stems from its desire to profit from excess capacity — expert
Nabil Jaafar Al-Marsoumi emphasized that "it cannot be ruled out that this move by the UAE will undermine the efforts of OPEC and OPEC+ to c…
Every OPEC story our aggregator has tracked — 7 articles from 2 outlets. Breaking news, releases, tours, and culture coverage, attributed to original publishers.
Nabil Jaafar Al-Marsoumi emphasized that "it cannot be ruled out that this move by the UAE will undermine the efforts of OPEC and OPEC+ to c…
According to the report, the announcement on the withdrawal of one of world’s largest oil producers from associations takes place in a "dram…
In Nikolay Dudchenko's opinion, this decision will have a long-term negative impact on oil prices and lead to a reduction in OPEC+'s influen…
It comes as unprecedented energy crisis triggered by the Iran war exposes splits among Gulf nations.
Dmitry Kasatkin emphasized that Iran's attacks and the Hormuz blockade had demonstrated that getting Tehran to protect everyone's interests …
The UAE will continue investing across the energy value chain, including oil, gas, renewables, and low-carbon solutions, the state agency no…
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 …