The United Arab Emirates on Tuesday said it will exit the oil cartel OPEC and its wider OPEC+ grouping effective May 1, a move long anticipated as the country grew increasingly frustrated with ...

The United Arab Emirates’ decision to leave a global cartel of major oil-exporting countries is seen to reflect a widening fracture within the Gulf Cooperation Council (GCC). The UAE announced on ...

VIENNA, Austria — The decision by the United Arab Emirates (UAE) to leave the Organization of the Petroleum Exporting Countries (Opec) oil cartel shook up the 65-year-old alliance that produces some ...

The United Arab Emirates is leaving OPEC to pump more oil on its own terms. The break strips Saudi Arabia of a key partner and adds to growing uncertainty over the cartel's future. OPEC, the global ...

The United Arab Emirates (UAE) has announced that on May 1, it will leave both the Organization of the Petroleum Exporting Countries (OPEC) and the larger OPEC+ group. By withdrawing, the UAE will now ...

The United Arab Emirates (UAE) announced Tuesday it would quit membership in the Organization of Petroleum Exporting Countries (OPEC) and OPEC+. It comes after 59 years at the club. But it could be ...

The United Arab Emirates (UAE) announced on Tuesday (April 28, 2026) that effective May 1 it will leave OPEC+ — an alliance of oil-producing countries — in a move seen as a major determinant of both ...

Countries including Qatar, Ecuador and Angola have left OPEC in past years. "While the UAE has left OPEC, they were not the first and may not be the last": Andy Lipow, president of Lipow Oil ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. President Donald Trump, a longtime critic of the Organization of the Petroleum Exporting ...

The United Arab Emirates’ move to quit OPEC signals a desire to boost output and also raises questions about the future role of the oil cartel. Analysts said the withdrawal marks a significant shift ...

The United Arab Emirates (UAE) has announced its decision to leave the Organisation of the Petroleum Exporting Countries (OPEC), effective 1 May 2026. This move significantly impacts OPEC's influence ...

The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years. By Ivan Penn and Rebecca F. Elliott OPEC will be less powerful without one ...