Story Business 2 sources • Updated 1 month ago • top: france24.com

UAE to leave Opec in blow to oil cartel

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France24 English - Business 1 month ago • france24.com
Why is the UAE choosing to leave OPEC?
OPEC faces a double crisis as it manages both the energy shock caused by the closure of the Strait of Hormuz, and the departure of the UAE. Also in this edition: Airbus reports some disappointing quarterly results. Plus,…
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France24 English - Business 1 month ago • france24.com
UAE leaves OPEC in a blow to oil cartel
The United Arab Emirates has announced it will leave OPEC and OPEC+ on May 1, in a significant blow to the oil cartels. In a statement, the Gulf country said it was doing so to focus on its national interest. The country…
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Financial Times - Home 1 month ago • ft.com
UAE to leave Opec in blow to oil cartel
Move underlines long-running frustrations with group of over production quotas
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