As Saudi Arabia and Russia deepen cooperation, their combined influence over global oil supply is growing. Could this shift ...

The UAE's decision, after nearly 60 years of membership, is seen as a potential death knell for the oil cartel.

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

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The UAE's departure from OPEC could trigger a domino effect, experts say, potentially leading to lower gasoline prices within ...

Seven oil-producing nations in OPEC+ — including Saudi Arabia and Russia — say they’ve agreed to a modest output increase in ...

The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking questions on who else could follow.

The United Arab Emirates said Tuesday it will leave OPEC effective May 1, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices.

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. Cargo ships are seen at sea near the Strait of ...

Arising from the 64th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Sunday, 1 February 2026. The Organization of the Petroleum Exporting Countries ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...