Finance
UAE quits OPEC. Here’s what it means for the oil prices and the economy.
The decision by the United Arab Emirates on Tuesday to quit the Organization of Petroleum Exporting Countries is a sign the cartel is losing its grip on the ability to control the worldwide supply and price of oil.
M
MarketWatch
April 28, 2026·1 min read
Image: MarketWatch
The decision by the United Arab Emirates on Tuesday to quit the Organization of Petroleum Exporting Countries is a sign the cartel is losing its grip on the ability to control the worldwide supply and price of oil.
Original article
UAE quits OPEC. Here’s what it means for the oil prices and the economy.
Published by MarketWatch