Day: May 3, 2026

How the UAE’s Shock Exit from OPEC Will Reshape the World of Oil – Kathryn Porter

Energy News Beat The United Arab Emirates’ announcement on April 28, 2026, that it will formally exit both OPEC and the wider OPEC+ alliance effective May 1 marks a seismic shift in global oil politics. As one of the cartel’s most significant producers with substantial spare capacity, the UAE’s departure delivers a major blow to […]