UAE exit shakes OPEC - But will it really change oil prices?
- Posted on April 29, 2026
- By CNBC
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- 1 min read
UAE exit shakes OPEC - But will it really change oil prices?
Amrita Sen, founder and director of market intelligence at Energy Aspects discusses UAE's decision to leave OPEC and how the justification seems intriguing given the oil supply constrain all OPEC members are facing as well. She also discusses how this historic departure does not necessarily come as a surprise and has little impact on the organization's ability to influence oil prices and manage markets.