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United Arab Emirates says it will permanently leave OPEC on May 1

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United Arab Emirates says it will permanently leave OPEC on May 1

UAE officials said the decision to depart the OPEC oil cartel comes after an "extensive review" of the country's oil production policy.

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MoneyWatch United Arab Emirates says it will permanently leave OPEC on May 1 .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.

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