Can Opec survive the UAE's exit? | The National
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Source: The National (UAE)
Published: 2026-05-04 21:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Mexico, Energy, Business & Economy
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Snippet:
The UAE’s decision to leave the Organisation of the Petroleum Exporting Countries, or Opec, may prove more consequential than its decades of membership. This is not simply another dispute over production quotas. It reflects a deeper shift: the system that has governed oil markets for years no longer fits countries that are redefining their economic and strategic horizons.
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