OPEC+ to make first post-UAE production decision
- Posted on May 3, 2026
- By Business News Today
- 1 Views
- 1 min read
OPEC+ to make first post-UAE production decision
Seven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle East has already pushed oil prices higher. Markets expect a small increase in production, but actual output is already below limits due to blockades.
