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Why UAE’s exit from Opec is good news for oil-thirsty Asia

Once free of Opec's production caps, the world's sixth-largest oil producer plans to flood the marke...

BUSINESS NEWS April 29, 2026

Why UAE’s exit from Opec is good news for oil-thirsty Asia

Once free of Opec's production caps, the world's sixth-largest oil producer plans to flood the market with 5 million barrels a day.

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Once free of Opec's production caps, the world's sixth-largest oil producer plans to flood the market with 5 million barrels a day.

Author: South China Morning Post

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