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Organization of the Petroleum Exporting Countries – OPEC

Organization of the Petroleum Exporting Countries – OPEC

UAE exits another oil exporters’ group
The move comes just days after the Gulf nation broke with OPEC and OPEC+, citing the need to gain more flexibility over oil output
May 4, 2026 13:59
OPEC+ makes first output decision after UAE exit – Reuters
Seven major exporters of crude reportedly agreed to add 188,000 barrels a day in June
May 3, 2026 10:50
African energy giant reaffirms commitment to OPEC
Algeria says the group remains central to efforts to stabilize global oil markets
Apr 30, 2026 13:39
UAE’s OPEC exit a natural move – top Russian expert Exclusive
Russian International Affairs Council head Ivan Timofeev has told RT India that the UAE’s decision could reshape the global energy market
Apr 29, 2026 18:43
Middle East war to drive 24% surge in energy costs – World Bank
The world is facing the biggest global energy supply shock on record, which will drive inflation and dampen economic growth globally
Apr 29, 2026 17:40
Kremlin comments on UAE decision to quit OPEC
Abu Dhabi has the “sovereign” right to make such decisions, Russian presidential spokesman Dmitry Peskov has said
Apr 29, 2026 14:35

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