Updated
Updated · Bloomberg · Apr 30
UAE prepares for post-oil world amid shifting energy dynamics
Updated
Updated · Bloomberg · Apr 30

UAE prepares for post-oil world amid shifting energy dynamics

11 articles · Updated · Bloomberg · Apr 30
  • The Bloomberg analysis says Emirati leaders are adapting after concluding the global system that enriched OPEC members for more than five decades is changing.
  • It argues Abu Dhabi may be willing to weaken or even leave the cartel rather than wait for oil's price-setting power to erode further.
  • The shift reflects a broader move away from oil dependence, challenging OPEC's long-standing influence over energy markets and the wealth model of major producers.
As OPEC's dominance wanes, who will now control the world's energy supply and prices?
With the UAE now a free agent, will a new oil price war erupt between the former Gulf allies?
Can the UAE fund its green future by maximizing oil sales, or is this a high-stakes contradiction?