UAE exits another oil exporters’ group
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The move comes just days after the Gulf nation broke with OPEC and OPEC+, citing the need to gain more flexibility over oil output
The United Arab Emirates has officially withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), according to a statement posted by the group on X on Sunday.
The exit took effect on May 1 – the same day Abu Dhabi’s withdrawal from the Organization of the Petroleum Exporting Coun
The United Arab Emirates has officially withdrawn from the Organization of Arab Petroleum Exporting Countries (OAPEC), according to a statement posted by the group on X on Sunday.
The exit took effect on May 1 – the same day Abu Dhabi’s withdrawal from the Organization of the Petroleum Exporting Coun
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