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Opec

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auto-detected in 16 stories

35 days ago

Leaving the oil cartel is not just a commercial decision — it reflects structural changes in global energy markets

39 days ago

From foreign interventions to abandoning Opec, the UAE’s leader is charting a different path for his country

40 days ago

A standoff between Gulf oil giants Saudi Arabia and the UAE could cause greater market volatility for years to come

The conflict in the Middle East has claimed Opec as the latest casualty of war. The …

41 days ago

After putting on a united front during the Iran war, the Gulf’s most consequential rivalry has burst into the open again

The world must accelerate the shift to renewables, regardless of the economic effects of Abu Dhabi’s decision

Opec appears to be the latest casualty of the Iran war. On Tuesday, the United Arab Emirat…

The BBC takes a look in charts at what the UAE's departure could mean for the oil cartel and more widely.
Russia and Kazakhstan confirm their intention to remain within Opec+
The United Arab Emirates (UAE) is quitting oil cartel Opec after nearly 60 years of membership.

42 days ago

It will have little effect on the current oil blockades, but it could change everything afterwards.
The UAE says it is leaving the Opec and Opec+ groups of major oil producing nations.

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