Trending
    BusinessVery High

    UAE Withdraws from OPEC and OPEC+ to Enhance Production Flexibility

    Section editor: ·Very High65 articles covering this·31 news sources·Updated 3 months ago·UAE
    Share:
    Infographic showing UAE's oil production capacity and OPEC quotas, highlighting the impact of the UAE's withdrawal from OPEC.

    Here's what it means for you.

    If you're in the energy sector or a related industry, this shift could reshape market dynamics and pricing strategies.

    Why it matters

    The UAE's exit from OPEC signals a significant shift in global oil production strategies, potentially altering supply chains and pricing structures.

    What happened (in 30 seconds)

    • The UAE announced its withdrawal from OPEC and OPEC+ on April 28, 2026, effective May 1, 2026.
    • Energy Minister Suhail Al Mazrouei stated the decision aims to enhance production flexibility and align with national energy strategies.
    • Oil prices rose nearly 3% following the announcement, driven by ongoing geopolitical tensions in the region.

    The context you actually need

    • The UAE has been OPEC's third-largest producer, with a current output of approximately 3.4 million barrels per day and a target capacity of 5 million barrels per day by 2027.
    • Long-standing disputes over production quotas have limited the UAE's ability to respond to market demand and pursue its economic diversification goals.
    • Geopolitical tensions, including conflicts in the Strait of Hormuz and the U.S.-Israeli-Iran war, have prompted the UAE to reassess its participation in collective oil production frameworks.

    What's really happening

    The UAE's decision to withdraw from OPEC and OPEC+ is rooted in a desire for greater autonomy in oil production, allowing it to respond more effectively to market demands and national interests. Historically, the UAE has faced constraints due to OPEC's production quotas, which have often limited its output to around 3.2 to 3.4 million barrels per day, despite its capacity to produce up to 5 million barrels per day. This discrepancy has created friction, particularly with Saudi Arabia, which has traditionally held significant sway within OPEC.

    Energy Minister Suhail Al Mazrouei emphasized that this move is not politically motivated but rather a strategic evolution aligned with the UAE's long-term energy strategy. The UAE aims to enhance its production flexibility amid shifting global energy dynamics, particularly as it navigates regional geopolitical tensions. The decision reflects a broader trend among oil-producing nations to prioritize national interests over collective agreements, especially as the global energy landscape evolves with increasing demand for lower-carbon energy sources.

    The withdrawal is expected to have immediate implications for OPEC, which will be reduced to 12 members, potentially weakening its market influence and ability to coordinate production levels. Analysts suggest that the UAE's exit could disrupt the delicate balance of power within OPEC, particularly in light of recent U.S. production surges and ongoing geopolitical shifts. However, the UAE has committed to gradual production increases aligned with market demand, indicating a desire for stability even as it seeks greater flexibility.

    In the aftermath of the announcement, oil prices experienced a nearly 3% increase, driven by concerns over potential disruptions in the Strait of Hormuz, which is a critical chokepoint for global oil shipments. This reaction underscores the interconnectedness of geopolitical events and oil market dynamics, as traders weigh the implications of the UAE's withdrawal against broader regional tensions.

    Who feels it first (and how)

    • Energy companies: They may need to adjust their strategies and pricing models in response to changing production dynamics.
    • Investors: Those with stakes in oil markets will closely monitor price fluctuations and potential volatility.
    • Consumers: While direct impacts may be limited, shifts in oil prices could eventually affect fuel costs and energy prices.
    • Regional economies: Countries reliant on oil exports may experience shifts in trade dynamics and economic stability.

    What to watch next

    • Production adjustments: Monitor how the UAE's production levels change post-withdrawal and their impact on global oil prices.
    • OPEC's response: Watch for any strategic shifts or policy changes from OPEC in light of the UAE's exit.
    • Geopolitical developments: Keep an eye on tensions in the Strait of Hormuz and their potential impact on oil supply and pricing.
    Known:

    The UAE will officially withdraw from OPEC and OPEC+ on May 1, 2026.

    Likely:

    Oil prices may experience volatility as markets adjust to the UAE's new production strategy.

    Unclear:

    The long-term effects on OPEC's cohesion and market influence remain uncertain.

    Frequently Asked Questions

    Why it matters?
    The UAE's exit from OPEC signals a significant shift in global oil production strategies, potentially altering supply chains and pricing structures.
    What happened (in 30 seconds)?
    The UAE announced its withdrawal from OPEC and OPEC+ on April 28, 2026, effective May 1, 2026. Energy Minister Suhail Al Mazrouei stated the decision aims to enhance production flexibility and align with national energy strategies. Oil prices rose nearly 3% following the announcement, driven by ongoing geopolitical tensions in the region.
    What's really happening?
    The UAE's decision to withdraw from OPEC and OPEC+ is rooted in a desire for greater autonomy in oil production, allowing it to respond more effectively to market demands and national interests. Historically, the UAE has faced constraints due to OPEC's production quotas, which have often limited its output to around 3.2 to 3.4 million barrels per day, despite its capacity to produce up to 5 million barrels per day. This discrepancy has created friction, particularly with Saudi Arabia, which has
    Who feels it first (and how)?
    Energy companies: They may need to adjust their strategies and pricing models in response to changing production dynamics. Investors: Those with stakes in oil markets will closely monitor price fluctuations and potential volatility. Consumers: While direct impacts may be limited, shifts in oil prices could eventually affect fuel costs and energy prices. Regional economies: Countries reliant on oil exports may experience shifts in trade dynamics and economic stability.
    What to watch next?
    Production adjustments: Monitor how the UAE's production levels change post-withdrawal and their impact on global oil prices. OPEC's response: Watch for any strategic shifts or policy changes from OPEC in light of the UAE's exit. Geopolitical developments: Keep an eye on tensions in the Strait of Hormuz and their potential impact on oil supply and pricing.
    65 Articles
    Asharq Al-Awsat

    الإمارات تعلن انسحابها من «أوبك»

    The United Arab Emirates has announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, with the withdrawal set to take effect on May 1, 2026. This decision marks a significant shift i...

    3 months ago
    Read Full Article
    RT (Russia Today)

    OPEC loses key member: Will the oil bloc survive?

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision marks a significant shift after nearly 60 years of membership and refle...

    3 months ago
    Read Full Article
    القدس العربي

    مصادر: خروج الإمارات سيضعف نفوذ أوبك+ على سوق النفط

    On April 28, 2026, sources indicated that the United Arab Emirates (UAE) will withdraw from the OPEC+ alliance on May 1, potentially diminishing the group's influence over the oil market. Analysts believe that while the UAE's exit may weaken OPEC+'s ...

    3 months ago
    Read Full Article
    Bloomberg

    UAE Exit Blindsides OPEC and Threatens to Shake Its Grip on Oil

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC), effective May 2026, marking a significant shift after nearly 60 years of membership. This unexpected move has left OPEC pa...

    3 months ago
    Read Full Article
    France 24 Middle East

    UAE OPEC departure 'a manifestation of dissatisfaction vis à vis Saudi Arabia', expert says

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This move is viewed as a manifestation of dis...

    3 months ago
    Read Full Article
    France 24

    UAE OPEC departure 'a manifestation of dissatisfaction vis à vis Saudi Arabia', expert says

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This move is viewed as a manifestation of dis...

    3 months ago
    Read Full Article
    France 24

    UAE leaves OPEC in blow to oil cartel

    The United Arab Emirates (UAE) has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This significant move ends nearly 60 years of membership and reflects the UAE's frustrat...

    3 months ago
    Read Full Article
    France 24

    UAE leaves OPEC in a blow to oil cartel

    The United Arab Emirates (UAE) has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ effective May 1, marking a significant shift after nearly 60 years of membership. This decision, confirmed by En...

    3 months ago
    Read Full Article
    Investing.com

    Analysis-UAE exit weakens OPEC+ power over oil market but group to stay together, sources say

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026, marking a significant shift after nearly 60 years of membership. This departure is attrib...

    3 months ago
    Read Full Article
    France 24

    UAE pulls out of OPEC oil cartels citing 'national interests'

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective Friday. This decision, confirmed by Energy Minister Suhail Mohamed al-Mazrouei, is driven by a focus on...

    3 months ago
    Read Full Article
    France 24 Middle East

    UAE pulls out of OPEC oil cartels citing 'national interests'

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026, citing a focus on national interests amid rising energy prices and regional tensions, part...

    3 months ago
    Read Full Article
    BBC عربي

    ما هي منظمة أوبك التي أعلنت الإمارات انسحابها منها؟

    The United Arab Emirates announced its withdrawal from the OPEC and OPEC+ oil alliances on Tuesday, a significant move that follows its membership in OPEC since 1967 through the Emirate of Abu Dhabi. This decision is aimed at enhancing the nation's i...

    3 months ago
    Read Full Article
    Gulf News

    Will oil prices rise or fall in the months after UAE exits OPEC?

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), effective May 1, 2026. This decision, described by the UAE's energy minister as a strategic policy move, aims to enhan...

    3 months ago
    Read Full Article
    Gulf News

    Will oil prices rise or fall in the months after UAE exits OPEC?

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), effective May 1, 2026. This decision, described by the UAE's energy minister as a strategic policy move, aims to enhan...

    3 months ago
    Read Full Article
    Emarat Al Youm

    الإمارات: الخروج من «أوبك» و«أوبك+» لا يغيّر التزام الدولة باستقرار الأسواق العالمية الإمارات: الخروج من «أوبك» و«أوبك+» لا يغيّر التزام الدولة باستقرار الأسواق العالمية

    The United Arab Emirates has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, emphasizing that this move does not alter its commitment to maintaining global market stability. The UAE aims to focus...

    3 months ago
    Read Full Article
    International Business Times

    UAE Quits OPEC Effective May 1: 10 Key Facts on Shocking Exit

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance effective May 1, marking the end of nearly 60 years of membership. This move comes amid escalating t...

    3 months ago
    Read Full Article
    Emirates 24|7

    Oil rises as UAE exit from OPEC grabs attention Oil rises as UAE exit from OPEC grabs attention

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision comes amidst rising energy prices and ongoing geopolitical tensions, particu...

    3 months ago
    Read Full Article
    The Guardian

    How the UAE’s decision to leave Opec could recast the Middle East

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), a significant move that disrupts over 60 years of membership in the oil cartel. This decision, confirmed by Energ...

    3 months ago
    Read Full Article
    The Guardian

    How the UAE’s decision to leave Opec could recast the Middle East

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), a significant move that disrupts over 60 years of membership in the oil cartel. This decision, confirmed by Energ...

    3 months ago
    Read Full Article
    Emirates 24|7

    Dr Sultan Al Jaber: UAE’s exit From OPEC and OPEC+ is a sovereign, long‑term strategic decision Dr Sultan Al Jaber: UAE’s exit From OPEC and OPEC+ is a sovereign, long‑term strategic decision

    The United Arab Emirates (UAE) has announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, effective May 1, 2026. This move is characterized as a sovereign decision aimed at alignin...

    3 months ago
    Read Full Article
    Emirates 24|7

    UAE exit from OPEC carries significant weight in global oil markets UAE exit from OPEC carries significant weight in global oil markets

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision is influenced by rising energy prices and ongoing regional tensio...

    3 months ago
    Read Full Article
    Emirates 24|7

    Analysts warn UAE exit could weaken OPEC structure Analysts warn UAE exit could weaken OPEC structure

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision is influenced by rising energy prices and ongoing regional tensions, particu...

    3 months ago
    Read Full Article
    Emirates 24|7

    UAE exit from OPEC rekindles debate over global oil market governance UAE exit from OPEC rekindles debate over global oil market governance

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, effective May 1, 2026. This decision is part of a strategic shift aimed at prioritizing domestic oil...

    3 months ago
    Read Full Article
    Al Jazeera

    What are OPEC and OPEC +, and why has the UAE quit?

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This marks a significant shift for the UAE, which ...

    3 months ago
    Read Full Article
    Al Jazeera

    What are OPEC and OPEC +, and why has the UAE quit?

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This marks a significant shift for the UAE, which ...

    3 months ago
    Read Full Article
    Al-Monitor

    UAE’s OPEC exit rattles cartel as Gulf alliances shift

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance, effective May 1, 2026. This marks a significant departure for the UAE, which is the fourth-largest p...

    3 months ago
    Read Full Article
    The National

    Opec's logo history: A look back after UAE's departure

    The United Arab Emirates (UAE) has officially announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This move, confirmed by Energy Minister Suhail Mohamed al-Mazrouei, marks a si...

    3 months ago
    Read Full Article
    Bloomberg

    OPEC Faces Rift After UAE Exit | Open Interest 4/28/2026

    The United Arab Emirates (UAE) has officially announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC), effective May 1, 2026. This departure is attributed to ongoing frustrations with OPEC's production quotas and i...

    3 months ago
    Read Full Article
    The Wall Street Journal

    U.A.E.’s OPEC Exit Deals Major Blow to Cartel Amid Middle East Oil Squeeze

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail bin Mohammed al-Mazrouei. This marks a significant shift for the UAE, w...

    3 months ago
    Read Full Article
    NBC News

    UAE announces it will leave OPEC

    The United Arab Emirates has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), marking the end of over 60 years of membership in the group that coordinates oil production among major global producers. This ...

    3 months ago
    Read Full Article
    NBC News

    UAE announces it will leave OPEC

    The United Arab Emirates has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), marking the end of over 60 years of membership in the group that coordinates oil production among major global producers. This ...

    3 months ago
    Read Full Article
    BBC News

    United Arab Emirates to quit oil cartel Opec

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) after nearly 60 years of membership, a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This exi...

    3 months ago
    Read Full Article
    BBC News

    United Arab Emirates to quit oil cartel Opec

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) after nearly 60 years of membership, a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This exi...

    3 months ago
    Read Full Article
    Al Jazeera

    UAE leaves OPEC in blow to oil cartel amid war on Iran

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This move marks the end of over 60...

    3 months ago
    Read Full Article
    Gulf News

    Why did UAE decide to exit OPEC? Government officials, industry experts reveal reasons behind move

    The United Arab Emirates (UAE) has officially announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1. This move is driven by a desire to prioritize domestic oil production amid rising en...

    3 months ago
    Read Full Article
    Gulf News

    Why did UAE decide to exit OPEC? Government officials, industry experts reveal reasons behind move

    The United Arab Emirates (UAE) has officially announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1. This move is driven by a desire to prioritize domestic oil production amid rising en...

    3 months ago
    Read Full Article
    The Guardian

    UAE quits Opec in win for Trump as oil cartel weakened

    The United Arab Emirates has officially announced its departure from the Opec oil cartel after 60 years of membership, marking a significant shift in its energy policy amid a global supply crisis. This decision comes as U.S. crude oil prices have sur...

    3 months ago
    Read Full Article
    The Guardian

    UAE quits Opec in win for Trump as oil cartel weakened

    The United Arab Emirates has officially announced its departure from the Opec oil cartel after 60 years of membership, marking a significant shift in its energy policy amid a global supply crisis. This decision comes as U.S. crude oil prices have sur...

    3 months ago
    Read Full Article
    The Guardian

    UAE quits Opec in win for Trump as oil cartel weakened

    The United Arab Emirates has officially announced its departure from the Opec oil cartel after 60 years of membership, marking a significant shift in its energy policy amid a global supply crisis. This decision comes as U.S. crude oil prices have sur...

    3 months ago
    Read Full Article
    BBC News

    Faisal Islam: Why the UAE's exit from Opec is a big deal

    The United Arab Emirates (UAE) has announced its exit from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision, confirmed by Energy Minister Suhail Mohamed al-Mazrouei, marks the end of nearly ...

    3 months ago
    Read Full Article
    BBC News

    Faisal Islam: Why the UAE's exit from Opec is a big deal

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), a decision driven by ongoing frustrations with the group's production quotas. This exit is perceived as a signifi...

    3 months ago
    Read Full Article
    Bitcoin.com

    UAE Quits OPEC After 59 Years, BTC Slides Below $76K Amid Hormuz Supply Shock

    The United Arab Emirates has officially withdrawn from OPEC after 59 years, a move that coincides with a significant drop in Bitcoin prices, which have fallen below $76,000 amid supply shocks in the Strait of Hormuz. This decision marks a pivotal shi...

    3 months ago
    Read Full Article
    Asharq Al-Awsat

    UAE Announces it Is Leaving OPEC, OPEC+

    The United Arab Emirates (UAE) has officially announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This strategic move, articulated by the UAE's energy minister, is aimed at enh...

    3 months ago
    Read Full Article
    Emirates 24|7

    UAE’s withdrawal from OPEC signals a strategic shift, protects national interests and grants full control on production UAE’s withdrawal from OPEC signals a strategic shift, protects national interests and grants full control on production

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ effective May 1, 2026, marking a significant strategic shift aimed at prioritizing domestic oil production. This d...

    3 months ago
    Read Full Article
    WIRED

    UAE to Exit OPEC After Nearly 60 Years

    The United Arab Emirates will conclude its nearly 60-year membership in OPEC on May 1, allowing the nation to increase its oil production amid a highly volatile energy market. This decision marks a significant shift in the UAE's approach to its oil s...

    3 months ago
    Read Full Article
    WIRED — Business (Latest)

    UAE to Exit OPEC After Nearly 60 Years

    The United Arab Emirates will conclude its nearly 60-year membership in OPEC on May 1, allowing the nation to increase its oil production amid a highly volatile energy market. This decision marks a significant shift in the UAE's approach to its oil s...

    3 months ago
    Read Full Article
    Khaleej Times

    Explained: What is Opec and what does UAE's exit from it mean?

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision is primarily motivated by the UAE's intention to prioritize its d...

    3 months ago
    Read Full Article
    Financial Times

    UAE to leave Opec in blow to oil cartel

    The United Arab Emirates (UAE) has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that highlights ongoing frustrations with the group's production quotas. This departure marks a significant shift ...

    3 months ago
    Read Full Article
    Al-Monitor

    UAE pulls out of OPEC oil cartels citing 'national interests'

    The United Arab Emirates (UAE) has announced its withdrawal from the OPEC and OPEC+ oil cartels, effective May 1, citing a focus on national interests amid rising energy prices and geopolitical tensions in the region. This decision marks a significan...

    3 months ago
    Read Full Article
    Khaleej Times

    Why UAE quit Opec: Minister, experts explain ‘policy-driven’ move

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision is primarily driven by the UAE's intention to prioritize its dome...

    3 months ago
    Read Full Article
    NPR

    The United Arab Emirates is quitting OPEC oil cartel after nearly 60 years

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC) after nearly 60 years, a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This move reflects the UAE's...

    3 months ago
    Read Full Article
    Al-Monitor

    Factbox-UAE's foreign policy in the spotlight after OPEC exit

    The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, a decision made in light of rising energy prices and ongoing regional tensions, particularly concerning Iran. Thi...

    3 months ago
    Read Full Article
    Gulf News

    5 reasons why UAE’s exit from OPEC, OPEC+ is big for world markets, oil prices

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1. This decision is primarily driven by the UAE's intention to prioritize its domestic o...

    3 months ago
    Read Full Article
    Emirates 24|7

    Exit from OPEC aligns with long-term market fundamentals: UAE Energy Minister Exit from OPEC aligns with long-term market fundamentals: UAE Energy Minister

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ alliance, effective May 1, 2026. This decision, articulated by Energy Minister Suhail bin Mohammed Al Mazrouei, i...

    3 months ago
    Read Full Article
    France 24

    UAE to quit global oil cartel OPEC, citing 'national interests'

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, citing a focus on national interests as energy prices rise amid ongoing tensions related to Iran. This move was ...

    3 months ago
    Read Full Article
    France 24 Middle East

    UAE to quit global oil cartel OPEC, citing 'national interests'

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, citing a focus on national interests as energy prices rise amid ongoing tensions related to Iran. This move was ...

    3 months ago
    Read Full Article
    Sky News

    Fresh oil shock as UAE exits Saudi-controlled cartels

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This marks the end of nearly 60 years of...

    3 months ago
    Read Full Article
    Sky News

    Fresh oil shock as UAE exits Saudi-controlled cartels

    The United Arab Emirates (UAE) has announced its departure from the OPEC and OPEC+ oil-producing cartels, a move that could destabilize global energy markets amid rising tensions in the region. This decision comes as the UAE aims to assert its indepe...

    3 months ago
    Read Full Article
    International Business Times

    UAE Announces It Will Leave OPEC As Of Next Month Amid Cool Relations With Other Members

    The United Arab Emirates has announced its decision to exit the OPEC cartel and the broader OPEC+ group starting next month, a move attributed to deteriorating relations with other member states, particularly Saudi Arabia.

    3 months ago
    Read Full Article
    The Washington Times

    UAE says it will leave OPEC in major blow to global oil cartel

    The United Arab Emirates announced its decision to leave OPEC, the organization that coordinates oil production among major producers, effective Friday. This move marks a significant shift in the UAE's energy policy and its relationship with the glob...

    3 months ago
    Read Full Article
    BBC عربي

    الإمارات تعلن انسحابها من منظمتي أوبك وأوبك+

    The United Arab Emirates has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ group, effective May 1. This decision marks a significant shift in the UAE's oil policy and its relationship with th...

    3 months ago
    Read Full Article
    Global News

    The UAE has quit OPEC. What does it mean for the future of oil?

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail bin Mohammed al-Mazrouei. This marks a significant shift for the UAE, w...

    3 months ago
    Read Full Article
    RT (Russia Today)

    Key OPEC member to leave bloc

    The United Arab Emirates (UAE), the third-largest oil producer within OPEC, has officially announced its decision to leave the organization, effective May 2026. This departure is seen as a significant shift in the dynamics of the oil market, particul...

    3 months ago
    Read Full Article
    Okaz

    بدءاً من مايو 2026.. الإمارات تنسحب من «أوبك» و«أوبك+»

    The United Arab Emirates announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ effective May 1, 2026, as reported by the official Emirates News Agency (WAM). This decision aligns with the UAE's...

    3 months ago
    Read Full Article
    The National

    UAE's Opec exit follows country's plan for strategic autonomy

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision, described by the UAE's energy minister as a strategic policy move, ali...

    3 months ago
    Read Full Article
    The National

    UAE's Opec exit follows country's plan for strategic autonomy

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC), a move that aligns with its strategy for greater economic autonomy and flexibility in oil production. This decision reflec...

    3 months ago
    Read Full Article
    Saudi Gazette

    UAE to exit OPEC and OPEC+ from May 2026

    The United Arab Emirates (UAE) has announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision follows a comprehensive review of the country's production policy ...

    3 months ago
    Read Full Article
    Forbes

    United Arab Emirates Leaves OPEC In Favor Of ‘National Interest’

    The United Arab Emirates (UAE) has officially announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), a move that reflects its prioritization of national interests amid ongoing geopolitical tensions and productio...

    3 months ago
    Read Full Article
    Asharq Al-Awsat

    الإمارات تعلن انسحابها من «أوبك» و«أوبك+»

    The United Arab Emirates announced on Tuesday its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This move marks a significant shift in the UAE's oil production strategy and it...

    3 months ago
    Read Full Article
    Al-Monitor

    UAE leaves OPEC and OPEC+ in huge blow to global oil producers' group

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, marking a significant shift in the dynamics of global oil production. This decision comes amid rising e...

    3 months ago
    Read Full Article
    Al Jazeera

    UAE leaves OPEC in blow to oil cartel during war on Iran

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This move comes amid ongoing tensions related to t...

    3 months ago
    Read Full Article
    Al Jazeera

    UAE leaves OPEC in blow to oil cartel during war on Iran

    The United Arab Emirates (UAE) has officially announced its exit from the Organization of the Petroleum Exporting Countries (OPEC), a decision confirmed by Energy Minister Suhail Mohamed al-Mazrouei. This move comes amid ongoing tensions related to t...

    3 months ago
    Read Full Article
    Al-Monitor

    UAE to leave OPEC on May 1

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) effective May 1, citing a shift towards prioritizing domestic production amid rising energy prices and ongoing geopolitical...

    3 months ago
    Read Full Article
    Investing.com

    UAE leaves OPEC and OPEC+ in huge blow to global oil producers’ group

    The United Arab Emirates (UAE) has officially announced its departure from the Organization of the Petroleum Exporting Countries (OPEC), a decision that reflects ongoing frustrations with the group's production quotas and dynamics. This exit is set t...

    3 months ago
    Read Full Article
    Gulf News

    UAE to leave OPEC, OPEC+

    The United Arab Emirates (UAE) has officially announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1. This move is driven by a desire to prioritize domestic oil production amid ...

    3 months ago
    Read Full Article
    Gulf News

    UAE to leave OPEC, OPEC+

    The United Arab Emirates (UAE) has officially announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1. This move is driven by a desire to prioritize domestic oil production amid ...

    3 months ago
    Read Full Article
    Bloomberg

    UAE to Leave OPEC in May as Iran War Reshapes Oil Market

    The United Arab Emirates (UAE) has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC) in May, a move that poses significant challenges for the group and its leading member, Saudi Arabia, amid ongoing disrupti...

    3 months ago
    Read Full Article
    Khaleej Times

    UAE announces decision to withdraw from Opec, Opec+ from May 1

    The United Arab Emirates (UAE) has officially announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This decision is driven by the UAE's intention to prioritize its domestic oil p...

    3 months ago
    Read Full Article
    Emirates 24|7

    UAE announces decision to exit OPEC and OPEC+ UAE announces decision to exit OPEC and OPEC+

    The United Arab Emirates (UAE) has announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This strategic move is aimed at prioritizing domestic energy production and reflects the ...

    3 months ago
    Read Full Article
    Emarat Al Youm

    الإمارات تعلن الخروج من "أوبك" و "أوبك +" اعتباراً من الأول من مايو الإمارات تعلن الخروج من "أوبك" و "أوبك +" اعتباراً من الأول من مايو

    The United Arab Emirates announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ effective May 1. This move marks a significant shift in the UAE's oil production strategy and its relationship with these i...

    3 months ago
    Read Full Article
    The National

    UAE announces it will leave Opec

    The United Arab Emirates (UAE) has officially announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective May 1, 2026. This strategic move is aimed at enhancing the UAE's economic autonomy and flex...

    3 months ago
    Read Full Article
    The National

    UAE announces it will leave Opec

    The United Arab Emirates (UAE) has announced its decision to leave the Organization of the Petroleum Exporting Countries (OPEC), marking a significant shift in its oil production strategy. This move comes amid ongoing discussions about the UAE's econ...

    3 months ago
    Read Full Article