United Arab Emirates to quit oil cartel Opec
The United Arab Emirates (UAE) is set to leave the Opec and Opec+ oil cartels after nearly 60 years of membership. This decision aims to enhance the UAE's ability to meet rising global energy demands and is viewed as a significant setback for Opec's influence on oil prices. Analysts suggest that the UAE's exit could lead to increased oil production and market volatility in the future.
- ▪The UAE will officially quit Opec next month, marking the end of nearly 60 years of membership.
- ▪This departure is expected to reduce Opec's production capacity by about 15%.
- ▪The UAE's energy minister stated that leaving Opec will provide the country with greater flexibility in oil production.
4 outlets in our directory ran this story, first to last over 21 hours. Coverage spans 2 points on the political spectrum — 1 lean left, 2 centre.
- ▪ United Arab Emirates will leave OPEC in a blow to the oil cartel — France 24 (EN)
- ▪ United Arab Emirates will leave OPEC in blow to oil cartel — Korea Times
- ▪ United Arab Emirates quits OPEC as Iran war raises gulf tensions — NBC News Top Stories
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| Original publisher | BBC News |
| Canonical URL | https://www.bbc.com/news/articles/cj4pxwlr52yo?at_medium=RSS&at_campaign=rss |
| Publication time | Tue, 28 Apr 2026 12:53:55 GMT |
| Retrieval time | 2026-04-28T12:59:31.930Z |
| Last seen | 2026-04-28T12:59:31.930Z |
| Headline source | Publisher (no WeSearch rewrite) |
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| Summary | WeSearch · cerebras-chat (WeSearch summarizer) |
| Summary source text | contentText |
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| Cluster | wxROjoOsq3FU · 4 stories |
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| Publisher visit | Yes — open original |
| Substitutes article? | No — link-out required for full text |
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Opening excerpt (first ~120 words) tap to expand
United Arab Emirates to quit oil cartel Opec29 April 2026ShareSaveAdd as preferred on GoogleNick Edser,Archie MitchellandJonathan Josephs,Business reportersAFP via Getty ImagesThe United Arab Emirates (UAE) is quitting the Opec and Opec+ groups of major oil producing nations next month after nearly 60 years of membership.The UAE said its decision would help it meet growing global energy demand in the long term after recent investments to boost its production capacity. It is seen as a blow to the cartel, which oversees oil production and has a major influence on the global prices - with one analyst describing the exit as "the beginning of the end of Opec".The Gulf state's energy minister said being a country with no obligation under the group would give it more flexibility.The UAE's…
Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News.
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