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Why UAE’s exit from Opec is good news for oil-thirsty Asia

  • Posted on April 29, 2026
  • By South China Morning Post
  • 1 Views
  • 1 min read
Why UAE’s exit from Opec is good news for oil-thirsty Asia
Why UAE’s exit from Opec is good news for oil-thirsty Asia

Once free of Opec’s production caps, the world’s sixth-largest oil producer plans to flood the market with 5 million barrels a day.
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Author
South China Morning Post

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