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GateUser-276116e2

2026-04-28 23:17:01

The multipolarization of the global oil market, and the UAE's move is considered to have accelerated it.

View Original

CryptoFrontier2026-04-28 23:11:36

UAE Exits OPEC+ on May 1, Weakening Group's Oil Market Control

The United Arab Emirates announced on April 28, 2024, that it will leave OPEC+ effective May 1, 2024, after nearly 60 years as a member, according to statements from OPEC+ delegates and analysts. The exit marks the departure of the fourth-largest OPEC producer and will reduce the alliance's control

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