Institute for Energy Research: UAE Leaves OPEC
April 29, 2026
April 29, 2026
WASHINGTON, April 29 [Category: Energy] -- The Institute for Energy Research posted the following commentary:
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The UAE Leaves OPEC
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Key Takeaways
1 The United Arab Emirates will withdraw from OPEC and OPEC+ on May 1 and chart its own course with regard to oil production through the Abu Dhabi National Oil Company.
2 The UAE has been pursuing higher production, and has invested heavily to achieve a target of around . . .
* * *
The UAE Leaves OPEC
*
Key Takeaways
1 The United Arab Emirates will withdraw from OPEC and OPEC+ on May 1 and chart its own course with regard to oil production through the Abu Dhabi National Oil Company.
2 The UAE has been pursuing higher production, and has invested heavily to achieve a target of around . . .