UAE Announces Exit from OPEC and OPEC+ Starting May 1
The UAE will leave OPEC and OPEC+ on May 1, 2026, seeking flexibility to meet growing global energy demand amid regional export risks.
News & Insights Across Asia
The UAE will leave OPEC and OPEC+ on May 1, 2026, seeking flexibility to meet growing global energy demand amid regional export risks.
Russia has extended its temporary ban on gasoline exports until the end of 2024 to maintain domestic market stability amid increased seasonal demand and refinery repairs.