ING analysts Warren Patterson and Ewa Manthey say the United Arab Emirates’ (UAE) departure from OPEC (Organization of Petroleum Exporting Countries) from 1 May is a significant blow to the group but has limited short-term impact on the Oil market due to existing Persian Gulf…
ING analysts Warren Patterson and Ewa Manthey say the United Arab Emirates’ (UAE) departure from OPEC (Organization of Petroleum Exporting Countries) from 1 May is a significant blow to the group but has limited short-term impact on the Oil market due to existing Persian Gulf disruptions.