The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen outside of OPEC’s headquarters in Vienna, Austria, March 3, 2022. Lisa Leutner/AP PhotoThe United Arab Emirates (UAE) has walked away from OPEC, removing one of the Gulf’s most important producers from a quota system dominated by countries in the Arabian Peninsula, especially Saudi Arabia.The UAE announced on April 28 that it would exit OPEC and the wider OPEC+ alliance, effective May 1.
15.2
C
Ottawa
Tuesday, May 5, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS