Finance

Martin Wiggen: UAE Exits OPEC to Move Closer to US

The UAE is set to depart OPEC on May 1 in a shocking move that blindsided other members of the oil production bloc. Nadia Martin Wiggen, Director at Svelland Capital spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the impact of this on oil prices. (Source: Bloomberg

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Bloomberg
April 29, 2026·1 min read
Martin Wiggen: UAE Exits OPEC to Move Closer to US

Image: Bloomberg

The UAE is set to depart OPEC on May 1 in a shocking move that blindsided other members of the oil production bloc. Nadia Martin Wiggen, Director at Svelland Capital spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on the impact of this on oil prices. (Source: Bloomberg)

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Martin Wiggen: UAE Exits OPEC to Move Closer to US

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