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UAE announces plans to leave OPEC: State media

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CitrixNews Staff
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UAE announces plans to leave OPEC: State media

The United Arab Emirates (UAE) will leave the Organization of the Petroleum Exporting Countries (OPEC), the country’s government said on Tuesday.  The country will officially exit OPEC and its broader OPEC+ association on May 1 following the government’s internal review of its production policy, according to UAE state media, WAM.  “This decision reflects the UAE’s long-term…

Originally reported by The Hill. Read the full story at the original source.