The United Arab Emirates is leaving OPEC and lifting all its oil production quotas

The United Arab Emirates officially left OPEC on May 1, 2026, after 59 years of membership. Abu Dhabi immediately removed all its oil production quotas and is relying on its strategic pipeline to export without depending on the Strait of Hormuz. L’article The United Arab Emirates is leaving OPEC and lifting all its oil production quotas est apparu en premier sur Cointribune.