Tag: OPEC production

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The UAE’s departure from OPEC affects Arab unity, as Abu Dhabi prioritizes its own 5 million bpd production goals over Saudi-led price floors. Image source: AI

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World
Business

Saudi worries, Trump celebrates the UAE’s exit from OPEC: The...

Abu Dhabi: The Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance suffered a setback after the United Arab Emirates (UAE) announced its withdrawal from the cartel...

By Abizar Attari
April 29, 2026

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Market
World

Israel-Iran conflict: Experts don’t expect oil disruptions even as prices...

New Delhi: After more than a year since the direct military confrontation between Israel and Iran, both countries have resumed missile and drone strikes after Israel launched extensive drone and...