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

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

The UAE's decision to leave the Organisation of the Petroleum Exporting Countries (Opec) was three years in the making and is ...

President Donald Trump, a longtime critic of the Organization of the Petroleum Exporting Countries (OPEC), who has accused ...

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.

The United Arab Emirates, which joined OPEC in 1967, announced last month it was leaving the oil producer group on May 1.

The UAE announced it is quitting OPEC after 59 years, a move experts say could boost oil production and ultimately lower global energy prices.

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of ...

UAE officials said the decision to depart the OPEC oil cartel comes after an "extensive review" of the country's oil production policy.

The decision by the United Arab Emirates to leave the OPEC oil cartel has shaken up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price ...

The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further ...

The UAE's decision to leave OPEC was three years in the ‌making and is based on its view the world is near the “autumn of the ...