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OPEC

Production Decisions Market Dynamics UAE Oil Production UAE UAE Departure Member Countries Production Quotas Oil Production Production Cuts Oil Prices Global Oil Prices Production Targets UAE's Exit from OPEC Production Iraq Production Hikes Oil Demand Forecast UAE Oil Policy Market Stability Production Decline Production Expansion UAE's Role Crude Oil Prices OPEC+ Production Levels Geopolitical Implications UAE Exit Iran Oil Production Venezuelan Oil Production Global Oil Production Crude Oil Exports OPEC+ Decisions Production Strategies Crude Prices Oil Exports Global Oil Market UAE Oil Exports Production Policies UAE Withdrawal Production Adjustments

Iraq Demands Bigger OPEC Quota and Signals Possible Exit

Baghdad says lost exports from the Iran war have created a fiscal crisis that only a larger production ceiling can ease.

UAE Quits OPEC, Testing Gulf Unity and Oil Price Discipline

UAE Quits OPEC to Set Its Own Oil Policy

UAE Leaves OPEC and OPEC+, Upending Oil Cartel’s Clout

UAE to Quit OPEC and OPEC+ on May 1, Redrawing Gulf Oil Politics

OPEC+ Keeps Oil Output Unchanged for Q1 2026, Preserves Option to Adjust Cuts