Countries including Qatar, Ecuador and Angola have left OPEC in past years. "While the UAE has left OPEC, they were not the first and may not be the last": Andy Lipow, president of Lipow Oil ...

The United Arab Emirates said Tuesday it will leave OPEC effective May 1, stripping the oil cartel of its third-largest ...

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

The United Arab Emirates' plan to ditch the oil producers' group Opec and strike out alone is being viewed as a huge blow for the organisation, with one analyst describing it as "the beginning of the ...

The UAE's decision, after nearly 60 years of membership, is seen as a potential death knell for the oil cartel.

As Saudi Arabia and Russia deepen cooperation, their combined influence over global oil supply is growing. Could this shift the balance of power in energy markets?

The UAE said it decided leaving OPEC was in its national interest after reviewing its production policy and capacity.

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produ ...

UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.