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Event Brief

UAE to leave OPEC and OPEC+ on May 1

The UAE announced it will leave OPEC and OPEC+ on May 1 to focus on national interest.
WHO: The United Arab Emirates
WHAT: Announced departure from OPEC and OPEC+ effective May 1
WHEN: Apr 28, 2026 at 5:17 PM ET
WHERE: United Arab Emirates
WHY: To focus on its national interest amid frustration with production quotas.
How this story developed (showing 7 of 7 earlier reports)

Reporting from 1 identified publisher for this event.

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