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Breaking | UAE to leave Opec, Opec+ oil groups, for national interest, global demand

  • Posted on April 28, 2026
  • By South China Morning Post
  • 0 Views
  • 1 min read
In brief

The United Arab Emirates has announced its withdrawal from both OPEC and OPEC+ organizations, prioritizing national economic interests and responding to evolving global energy demand dynamics. As the third-largest crude oil producer within the cartel, the UAE committed to introducing additional petroleum supplies to international markets through responsible and sustainable extraction practices, marking a significant shift in Middle Eastern oil geopolitics.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Breaking | UAE to leave Opec, Opec+ oil groups, for national interest, global demand
Breaking | UAE to leave Opec, Opec+ oil groups, for national interest, global demand

Opec’s third-largest producer earlier this year, the UAE said it would bring additional supply to market ‘responsibly’ after its exit.
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Author
South China Morning Post

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