UAE exits another oil exporters’ group

Israel

The move comes just days after the Gulf nation broke with OPEC and OPEC+, citing the need to gain more flexibility over oil output The United Arab Emirates has officially withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), according to a statement  posted by the group on X on Sunday. The exit took effect on May 1 – the same day Abu Dhabi’s withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), and the wider OPEC+ format, which includes Russia,

Tag-uri: Petrol

UAE exits another oil exporters’ group https://www.rt.com - 04.05.2026 18:19

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UAE exits another oil exporters’ group https://www.rt.com - 04.05.2026 18:19