UAE Exits OPEC Plus Production Group
An Emirati minister stated that the decision for a member state to withdraw from OPEC aligns with policy-based developments and long-term market fundamentals. This follows ongoing tensions regarding the Middle East and potential blockages in the Strait of Hormuz. Analysts suggest the exit may loosen the long-standing alliance between the UAE and Saudi Arabia. The international crude oil market is expected to enter a period of increased volatility. This move follows supply disruptions in the Persian Gulf caused by the Iran War. The exit occurs as the industry grapples with supply issues. Ajay Palma, director of oil business at commodity news agency Argus, stated the exit reflects long-standing policy disagreements between the UAE and the broader group. This move initiates a search for new leadership within the group.
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Sources · 7 independent
“قرار دولة الامر بمعارض بالخروج من منظمة أوبك يتمش مع التطور المستند إلى السياسات أو إلى السياسات القطاع والمتوافق مع أساسيات السوق طويلة الأمد”
“الوزير الإماراتي عن تقديره للأوبك والدول الأعضاء فيها بعد عقود من التعاون”
“Арабские мираты объявили о выходе из состава ОПЕК и разрыве соглашения ОПЕК ПЛЮС решения, которая, по утверждению властей ОАЭ, принималась без консультации.”
“соглашения ОПЕК ПЛЮС решения, которая, по утверждению властей ОАЭ, принималась без консультации.”
“Yhdistyneet arabiemiraatit jättää yljynviejämaiden OPEC-järjestön ja laajemman OPEC-liittouman. Maanvirallisen uutistoimiston mukaan erotulaivoimaan perjantaina eli toukokuun alusta. Syynä ovat arabiemirattiin mukaan sen pitkän aikavälin strategiset ja taloudelliset tavoitteet.”
“the withdrawal injects fresh uncertainty over how oil production is coordinated globally. The real engine inside OPEC is Saudi Arabia”
“The United Arab Emirates says it's quitting the groups of major oil-producing countries, OPEC and OPEC+, after nearly six decades.”
“Os Emirados árabes unidos anunciaram hoje a saída da organização dos países exportadores de petróleo ao PEP e também da OPEP-Mais”
“The Gulf states and The energy minister said being a country with no obligation under the blocs would provide more flexibility. It's going to lessen the grip of OPEC on the global oil market.”
“The UAE has long been dissatisfied with OPEC's production quotas and curbs on output. But its fallout with Saudi Arabia over the conflict in Yemen and other regional issues appears to have accelerated its exit”
“The UAE, which joined OPEC in 1967, says its decision to leave the group is based on meeting the market's needs. The UAE has long been dissatisfied with OPEC's production quotas and curbs on output.”
“当地时间28号 阿联球宣布自2026年5月1日起 退出石油输出国组织OPEC及OPEC家机制 阿联球能源与基础设施部长马斯路伊表示 这一决定将使阿联球能够与合作伙伴和投资者 更加靈活的”
“De verenigde Arabische Emiraten stappen uit de OPEC, het samenwerkingseband van olie-producerende landen. De Emiraten willen graag meer olie op de markt brengen.”
“تحثيرات قطرية من سرع مجتمد مع انسحاب الإمارات من أوبك وأوبك بلاس”
“Die Bundesregierung hat sich darauf geeinigt ab dem Übernächsten. 1. Mai aus der OPEC austreten. Hinter der Entscheidung stecke eine langfristige, strategische und wirtschaftliche Vision so staatliche Medien.”
“阿联球宣布自2026年5月1日起，退出石油输出国组织OPEC及OPEC家机制。阿联球能源与基础设施部长马斯路伊表示，这一决定将使阿联球能够与合作伙伴和投资者更加灵活的”
“quitting the groups of major oil producing countries, OPEC and OPEC Plus, after nearly six decades. The Gulf States Energy Minister said being a country with no obligation under the blocs would provide more flexibility.”
“阿联球宣布自2026年5月1日起，退出石油输出国组织OPEC及OPEC家机制。”
“quitting the groups of major oil producing countries, OPEC and OPEC Plus, after nearly six decades.”
“OPEC is a group of 12 seem to be... 11 oil producing countries that control around a third perhaps a little bit more of the global oil market”
“Bileşik Arap Emirlikleri 1 Mayıs itibariyle OPEC'ten ayrılma kararı aldı.”
“Les Emirats arabes unis décident de se retirer à partir du 1er mai de l'OPEP, l'Organisation des pays exportateurs de pétrole, et de l'OPEP plus les mêmes, plus une dizaine de pays dont la Russie.”
“当地时间28号 阿联球宣布自2026年5月1日起 退出石油输出国组织OPEC及OPEC家机制”
“تحثيرات قطرية من سرع مجمد مع انسحاب الإمارات من أوبك وأوبك بلاس”
“The UAE has long been dissatisfied with OPEC's production quotas and curbs on output. But its fallout with Saudi Arabia over the conflict in Yemen and other regional issues appears to have accelerated its exit from the Saudi-led oil cartel.”
“En el mundo Emiratos Árabes se retira de la OPEP, en medio de la guerra”
“The United Arab Emirates says it is exiting the OPEC Plus oil cartel which is led by Saudi Arabia and Russia. The UAE which joined OPEC in 1967.”
“Les Emirats arabes unis décident de se retirer à partir du 1er mai de l'OPEP, l'Organisation des pays exportateurs de pétrole, et de l'OPEP plus les mêmes”
“Les Emirats arabes unis décident de se retirer à partir du 1er mai de l'OPEP”
“OPEC, which stands for the Organization of the Petroleum Exporting Countries, will now have just 11 states as members after the UAE's exit.”
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