UAE Withdraws from OAPEC Following Exit from OPEC

The United Arab Emirates has exited the Organization of Arab Petroleum Exporting Countries (OAPEC), following its recent departure from OPEC and OPEC+. The move reflects UAE's strategy to prioritize independent oil production decisions. ADNOC also announced significant capital investments for 2026-2028.

By Jaiveer Shekhawat May 3, 2026 1 min read · Yahoo Finance · May 3, 2026, 20:05 UTC

UAE Withdraws from OAPEC Following Exit from OPEC

Topics: energy policy OAPEC oil OPEC UAE

Read the full article at Yahoo Finance

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