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UAE exit weakens OPEC+ power over oil market but group to stay together, sources say

OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates...

BUSINESS NEWS April 28, 2026

UAE exit weakens OPEC+ power over oil market but group to stay together, sources say

OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer...

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OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the producer...

Author: Reuters

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