UAE exit shakes OPEC — But prices may stay rangebound The United Arab Emirates is set to leave OPEC from May 1, marking one of the most significant shifts in the oil market in recent years.
UAE exit shakes OPEC — But prices may stay rangebound The United Arab Emirates is set to leave OPEC from May 1, marking one of the most significant shifts in the oil market in recent years. As OPEC’s third-largest producer, the UAE’s departure weakens the group’s ability to control supply and influence global…
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