The UAE has quit OPEC. What does it mean for the future of oil? – National
The United Arab Emirates is leaving OPEC and OPEC+, the world’s most powerful blocs of oil-exporting countries, six…
United Arab Emirates says it will exit OPEC, while US-Iran negotiations stall
Israeli forces hit an army patrol that was accompanying Civil Defense medical teams and bulldozers during a rescue…
United Arab Emirates will leave OPEC in a blow to the oil cartel
DUBAI, United Arab Emirates (AP) — The United Arab Emirates said Tuesday it will leave OPEC effective May…
Oil Spikes Above $110 on Iran War Escalation and UAE OPEC Shock Exit
Brent surges above $110 as fears grow that the U.S.-Iran war could drag into a prolonged conflict, while…
UAE Quits OPEC and OPEC+ as Hormuz Crisis Drags On
The United Arab Emirates is leaving OPEC and OPEC+, effective May 1, the country’s state news agency WAM…
IEA: Strait of Hormuz Has Lost Its Status as Reliable Energy Route
The Middle East war and the crisis at the Strait of Hormuz could redraw the global energy map…
Strait of Hormuz Constraints Keep Oil Prices Elevated
Oil prices remain close to $100 per barrel despite the U.S.-Iran ceasefire, which revived hopes that the worst…
OPEC Commits to Boost Output Once Hormuz Reopens
OPEC on Sunday agreed to boost oil production by another 206,000 barrels daily, which will be theoretical only…
Gulf Producers Slash Oil Output by 5 Million Bpd
The largest oil producers in the Middle East Gulf have deepened production cuts and are already lowering output…
OPEC+ Approves Modest Output Hike as Iran War Jolts Oil Markets
OPEC+ agreed on Sunday to raise oil output by a modest 206,000 barrels per day (bpd) in April,…
Oil Jumps as Iran Clock Ticks Toward Zero
Oil ends the month on a firm footing as Iran tensions simmer, but muted attention on the upcoming…
StanChart: Oil Market Rebalances as Oversupply Fears Fade Into 2026
The oil price rally has finally run out of steam, with oil prices declining for the first time…