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

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produ ...

The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further ...

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.

Crude oil faces a pivotal week as OPEC+ weighs output cuts, gasoline demand comes into focus, and inventory data tests the ...

The UAE's departure from OPEC could trigger a domino effect, experts say, potentially leading to lower gasoline prices within ...

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

President Donald Trump said he supports the United Arab Emirates' decision to leave the international oil cartel OPEC. Trump said he believes the move will bring down energy prices, which have ...

UAE departs OPEC and OPEC+ citing strategic priorities and flexibility as geopolitical tensions disrupt global oil markets and supply chains.

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.

The United Arab Emirates - a leading producer of crude oil - has decided to quit the Organization of Petroleum Exporting Countries. Here's why and what may happen next.