The United Arab Emirates’ decision to leave OPEC after nearly 60 years marks a major shift in the global oil order.

Markets grapple with the UAE's shock OPEC exit, while also contending with a host of earnings reports and a Fed decision ...

Back in 2021, the UAE had engaged in a public disagreement with group leader Saudi Arabia over their production quota being disproportionately low compared to its actual capacity. In 2023, the Wall ...

Countries including Qatar, Ecuador and Angola have left OPEC in past years. "While the UAE has left OPEC, they were not the first and may not be the last": Andy Lipow, president of Lipow Oil ...

OPEC trims 2026 oil demand growth forecast but raises 2027 outlook, highlighting volatile markets and shifting expectations for global energy consumption ...

OPEC production has fallen more than 30% since the Iran war began in late February, with Saudi Arabia pumping at its lowest level since 1990 ...