UAE Departs OPEC as Iran Feel Economic Sting of Blockade
Exxon Mobil Corp. and Chevron Corp. posted stronger-than-expected earnings for the first quarter as higher oil and natural gas prices…
Tag: OPEC
OPEC+ Provisionally Agrees June Quota Increase, Delegate Says
Major OPEC+ nations came to a provisional agreement on another modest but symbolic increase to supply targets for June, in…
UAE Break With OPEC Puts African Crude Exports At Risk
A couple of days ago, the United Arab Emirates announced that it will formally leave OPEC on May 1, with…
UAE exit from OPEC signals closer alignment with US interests, experts say | OPEC News
As the United Arab Emirates’s exit from OPEC officially takes effect, experts say the United States government will welcome the…
UAE’s OPEC Exit Exposes US Shale to Major New Rival
Abu Dhabi’s move means another large, low-cost operator is ready to vie for market share. www.bloomberg.com #UAEs #OPEC #Exit #Exposes…
Why is the UAE quitting OPEC – and what’s the impact? | OPEC News
The decision by the United Arab Emirates comes during the worst global energy crisis of modern times. The United Arab…
UAE quits OPEC | Newsfeed
NewsFeed The UAE announced it’s withdrawing from OPEC on May 1st. This decision comes as the Gulf nation wants to…
UAE quits OPEC: What that means for the Gulf, energy markets and beyond | Oil and Gas News
After decades of membership, the United Arab Emirates has decided to quit the oil producers’ group, OPEC, in order to…
The UAE’s OPEC exit is not about oil; it is the end of Gulf solidarity | OPEC
For decades, the Organization of the Petroleum Exporting Countries (OPEC) functioned as far more than an oil cartel. For its…
UAE’s OPEC Split Reflects Twilight of the Oil Age
Abu Dhabi’s departure suggests an urgency to open the taps while it still can. www.bloomberg.com #UAEs #OPEC #Split #Reflects #Twilight…