What influenced the UAE to leave an alliance it has been a part of for over 50 years, and what can the oil markets expect as a result? How might countries like India be impacted? We explain.
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What is OPEC? The world’s most powerful oil cartel explained
OPEC is a group of oil-producing countries that work together to influence how much oil the world gets. It was formed in 1960 by nations that felt big Western oil companies were setting prices ...
Who really controls oil prices? Influences include OPEC’s influence, the UAE’s shifting strategy, geopolitical tensions, ...
The UAE's exit from OPEC signals a strategic shift, raising questions about Gulf coordination and the organisation's ...
The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of ...
The UAE’s decision to withdraw is based on its long-term strategic and economic vision and evolving energy profile ...
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