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News Wire / politics

United Arab Emirates Exits OPEC

developing Inforadio RBB Abu Dhabi 13d13d Impact 8

Influential Emirati voices have publicly expressed feeling abandoned due to a lack of unified international response to recent attacks. Current production in the UAE is being compromised by the crisis in the Strait of Hormuz rather than OPEC Plus quotas. The United Arab Emirates is set to leave OPEC after nearly 60 years of membership. The announcement caused oil prices to drop by 2-3% before recovering. Russian presidential spokesperson Dmitry Peskov stated that Russia hopes for the continued operation of OPEC+. The US Treasury Department supported an emergency dollar liquidity line for Abu Dhabi shortly before the UAE's exit announcement. The current production quota is 9.5 million barrels per day against a required 10 million to maintain stability.

Influential Emirati voices have publicly expressed feeling abandoned due to a lack of unified international response to recent attacks. Current production in the UAE is being compromised by the crisis in the Strait of Hormuz rather than OPEC Plus quotas. The United Arab Emirates is set to leave OPEC after nearly 60 years of membership. The announcement caused oil prices to drop by 2-3% before recovering. Russian presidential spokesperson Dmitry Peskov stated that Russia hopes for the continued operation of OPEC+. The US Treasury Department supported an emergency dollar liquidity line for Abu Dhabi shortly before the UAE's exit announcement. The current production quota is 9.5 million barrels per day against a required 10 million to maintain stability. Commentators noted that while the UAE has announced intentions to exit OPEC and OPEC+, they cannot currently impact global market volumes because the Strait of Hormuz remains blocked. The discussion suggested that Republican efforts to support Trump's stance on ending military conflicts may influence energy pricing dynamics. This move will result in the loss of the organization's third-largest producer. The announcement was reported by Claudia Steiner from the ARD studio. OPEC most recently consisted of 12 members.

Topics

UAE Iran OPEC

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Sources · 7 independent

Inforadio RBB

“Viele Emiratische, einflussreiche Stimmen haben auch öffentlich gesagt, wie stark sie sich im Stich gelassen fühlen, gerade eben auch, dass es keine geeinte Reaktion gibt auf diesen Angriff.”

MDR Aktuell

“Die Emirat, die sie haben es gerade gesagt, musste etwa 3000 Attacken aus Iran überstehen und damit weit mehr als zum Beispiel auch Israel.”

hr-iNFO

“Die Emirat, die sie haben gerade gesagt, musste etwa 3000 Attacken aus Iran überstehen und damit weit mehr als zum Beispiel auch Israel.”

Inforadio RBB

“wirklich im Auge der Sturms gefühlt und eben auch alleine gelassen gefühlt.”

NDR Info

“Und damit war mehr als zum Beispiel auch Israel, hat sich da wirklich im Autom gefühlt und auch allein gelangen gefühlt.”

NDR Info

“miradisiamsgrad musste etwa 3000 Attacken auranüberschen.”

BR24

“diesen Angriff, die Emirat, die sie haben gerade gesagt, musste etwa drei Die 1000 Attacke aus Iran überstehen und damit weit mehr als zum Beispiel auch Israel.”

BR24

“diesen Angriff, die Emirat, die sie haben gerade gesagt, musste etwa drei Die 1000 Attacke aus Iran überstehen”

NDR Info

“Emiraten, vor allen Dingen auch Saudi-Araben, haben das vorhin des Krieges lebt. dass keine geeinte Reaktion auf diesen Angriff... hat sich da wirklich im Autom gefühlt und auch allein gelangen gefühlt.”

NDR Info

“Und es ist tatsächlich dann ja auch der Höhepunkt, eine Entwicklung in diesen Fremdungsprozesse, so ich glaube ich nennen, zwischen den Emiraten, vor allem auch Saudi-Araben, haben das vorhin des Krieges lebt.”

CNR Economic Voice

“阿聯酋退出後既有意願也有能力增加石油的產量 或將影響歐佩克在國際能源市場的地位”

NDR Info

“noch unklar, ob weit Daten folgen, allerdings erwartet die Emirate ihr Förderung auf Mit Sicht ausweiten.”

CNA938 Singapore

“the UAE's exit from OPEC. for close to 11% of India's crude imports between April and November last year alone. But now that Abu Dhabi will not be capped by OPEC quotas, the country could increase its oil production from roughly 3.5 million barrels before the Iran war started to more than 5 million barrels per day.”

CNA938 Singapore

“that the UAE's departure from OPEC and potentially increased production could help.”

Business FM Russia

“выход из опек дает обуда без свободы заключать долгосрочные двусторонние контракты без оглядки на картельное ограничение, предлагать гибкие ценовые условия и выстраивать двусторонние партнерства.”

CNA938 Singapore

“the UAE's departure from OPEC and potentially increased production could help. But analysts say the blockade of the Strait of Hormuz by Iran and the US and UAE's ability to ramp up production remain critical bottlenecks.”

Business FM Russia

“Выход имиратов из ОПЕК и ОПЕК ПЛЮС стал таким образом сигналом о том, что система координации нефтедобычи”

NTV Radyo

“Birleşik Arapemirlikleri o pekten çıkacağını duyurdu. Kürresel enerji piyasalarında dengeler değişecek gibi görünüyor.”

VOH Ho Chi Minh City

“đồng hộng việc UAE rút lui sẽ không kéo theo sự tăng rả của Liên Minh-Obét Cộng. Quang điểm từ phía Nga cũng tương đồng với tuyên bố của Kazakhstan một ngày trước đó.”

MCOT FM 100.5 News

“UAE มองกลายถึงจุดจบยุกทองน้ำมันในอีก 2 ท้องสวัส จึงต้องเร็งผลิตในช่วงเปลี่ยนผ่านพลังงาน”

MCOT FM 100.5 News

“UAE มองกลายถึงจุดจบยุกท่องน้ำมันในอีก 2 ท้องสวัส ต้องเร็งผลิดในช่วง โอเบค โทษปรายฟนชีวแรงสันสะเทือนตลาดน้ำมันโลกอาดถึงอาวาสารของโอเบคค่าด”

Sky News Arabia Radio

“I believe that this step may contribute to lowering oil prices... he may want to follow his own path and this is good also for lowering oil and gas prices”

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