Results for "oil production".

U.A.E. is leaving OPEC but will still need to exercise caution as it increases oil production

Earnings call transcript: Tullow Oil’s H2 2025 results highlight strong production

UAE leaves OPEC in major blow to global oil producers' group

DUBAI — The United Arab Emirates said on Tuesday it was quitting oil-producers' group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The loss of …

UAE quits Opec in win for Trump as oil cartel weakened

US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices The United Arab Emirates has quit the Opec oil cartel after 60 years of membership, in a heavy blow…

Iran may have oil options to drag things out

Iran has more cards to play to avoid the U.S. blockade halting its oil output — at least for now, analysts say. Why it matters: Oil is Iran's economic lifeblood, and President Trump hopes blocking exp…

UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices

The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.…

UAE to leave Opec in blow to oil cartel

Move underlines long-running frustrations with group over production quotas…

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.…

United Arab Emirates quits OPEC as Iran war raises gulf tensions

The UAE is the third largest oil producer in OPEC, behind Saudi Arabia and Iraq. Leaving the group is likely a precursor to increasing oil production.…