UAE, Saudi Arabia and OPEC

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How the UAE's OPEC exit could affect its trade ties with Saudi Arabia
The United Arab Emirates' withdrawal from OPEC weakens the group's control over global oil markets and potentially risks widening a rift with Gulf neighbour Saudi Arabia, the de facto leader of the cr...

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Why UAE's OPEC exit is a blow to Saudi Arabia
The Sunday Guardian Live on MSN · 16h
What is the UAE up to? Saudi Arabia rift and Israel ties raise big questions
"Geopolitical Earthquake": UAE quits OPEC to defy Saudi energy dominance, says analysis
In a move that has been described by analysts as a "watershed moment" for West Asia, the United Arab Emirates on Tuesday announced its withdrawal from the OPEC and OPEC+ groupings, marking a definitiv...

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The Financial Express · 12h
UAE’s ADNOC pledges $55 billion in new oil projects days after country leaves OPEC
Fortune India · 15h
UAE’s OPEC exit may open doors for cheaper, more secure oil supply to India
Opec+ agrees to third oil output quota hike since Hormuz closure
Seven Opec+ countries have agreed in principle to raise oil output targets by about 188,000 barrels per day in June, the third consecutive monthly increase, the sources said.

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OPEC+ meeting offers chance to show unity after UAE’s shock exit
Shots in Washington, shock in oil: UAE exit from Opec signals a new world order

UAE, Saudi Arabia, and Turkey working on alternative corridor to stop dependence on Strait of Hormuz

A blockade was imposed on the Strait of Hormuz on February 28, following a joint operation against Iran by the United States and Israel.

UAE oil break exposes deepening Saudi rift as Gulf power shifts

(Corrects source of response to UAE Ministry of Foreign Affairs, not UAE Media Office, in paragraph 17) By Samia Nakhoul DUBAI, April 29 (Reuters) - The United Arab Emirates' decision to quit OPEC and OPEC+ has brought years of tensions with Saudi Arabia out into the open,

UAE's shock OPEC exit: What it means for the oil cartel's future and for crude prices

The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
The Week

Is UAE leaving OPEC because of Saudi Arabia? Twin pillars of Gulf hegemony seek divergent policies

Though there were rumours about UAE leaving the group, this is the first time that the Emirates officially acknowledged the move
Middle East Eye

Iran told Saudi Arabia it planned to 'crush the UAE': Report

Tehran reportedly gloated to Saudi Arabia and Oman about its attacks on the UAE, as it looked to exploit Gulf rift

UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

By Maha El Dahan DUBAI, April 28 (Reuters) - The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+, dealing a heavy blow to the oil exporting groups and their de facto leader, Saudi Arabia,