United Arab Emirates to quit oil cartel Opec

CitrixNews Staff

· April 28, 2026 at 12:53 PM

United Arab Emirates to quit oil cartel Opec6 minutes agoShareSaveAdd as preferred on Google

BBC

The United Arab Emirates (UAE) has said it is quitting the Opec and Opec+ groups of major oil producing nations after nearly 60 years.

The UAE said the decision reflected its "long-term strategic and economic vision and evolving energy profile".

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Originally reported by BBC News

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