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Tag: Organization of the Petroleum Exporting Countries

Abu Dhabi’s OPEC exit begins its ascent of ‘peak oil’

Posted on May 1, 2026 By admin
Abu Dhabi’s OPEC exit begins its ascent of ‘peak oil’

The UAE’s actual announcement took observers by surprise’ | Photo Credit: AFP Although in recent years the United Arab Emirates (UAE) has frequently threatened to leave the Organization of the Petroleum Exporting Countries (OPEC), its actual announcement, on April 28, took observers by surprise. It was also conspicuous in its context. It provided only three…

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