UAE to withdraw from OPEC to focus on ‘national interests’ The decision comes following a “comprehensive review” of the country’s production policy, and its current and future capacity,“ particularly given the ongoing near-term geopolitical volatility stemming from disruptions in the Arabian Gulf and the Strait of Hormuz, which are impacting supply dynamics,” the Emirati energy ministry said.
UAE to withdraw from OPEC to focus on ‘national interests’ The decision comes following a “comprehensive review” of the country’s production policy, and its current and future capacity,“ particularly given the ongoing near-term geopolitical volatility stemming from disruptions in the Arabian Gulf and the Strait of Hormuz, which are impacting supply dynamics,” the Emirati energy ministry said.
