OPEC sought to project a united front Sunday, agreeing to a symbolic increase in oil output just days after the bombshell departure of the United Arab Emirates. But the pledge masks fault lines that ...

The UAE's exit from OPEC signals a strategic shift, raising questions about Gulf coordination and the organisation's future. The decision of the United Arab Emirates to leave OPEC follows years of ...

The Saudi-led OPEC+ group is expected to discuss a 188,000 barrels-a-day June quota increase, even as the Iran war limits actual Persian Gulf exports. OPEC+ plans a modest quota hike despite UAE's ...

After the apparent botched assassination attempt at the Washington Hilton on Saturday night, the hastily arranged White House press conference had a decidedly surreal air. There was the unfazed ...

(Bloomberg) — This weekend’s talks among OPEC+ nations provide the oil producer group with an opportunity to project unity after the shock departure of longtime member the United Arab Emirates. A ...

The United Arab Emirates announced on Tuesday that it will leave the Organisation of the Petroleum Exporting Countries (Opec) and the wider Opec+ alliance effective May 1, a move that signals a push ...

The United Arab Emirates is leaving OPEC to pump more oil on its own terms. The break strips Saudi Arabia of a key partner and adds to growing uncertainty over the cartel's future. OPEC, the global ...

US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices The United Arab Emirates has quit the Opec oil cartel after 60 years of membership, in a heavy blow ...