Sources

4 Total Sources

UAE Quits OPEC, Challenging Saudi Control as 5 Million bpd Capacity Drive Deepens Rift

Far Right100%

Jewish Policy Center6d ago

UAE Departs OPEC Challenging Saudi Dominance

drillingcontractor.org6d ago

UAE Exits OPEC Effective May 2026, Raising Oversupply Concerns

Despite ongoing geopolitical friction in the Middle East and the high-profile departure of the UAE, OPEC+ has agreed to raise its production ceiling by another 188,000 barrels per day for August—marking its

threads.com6d ago

OPEC+ will raise production by 188,000 barrels per day (bpd) from August 2026. This is the fifth consecutive monthly output increase as the group continues to unwind earlier voluntary production cuts. The