Mitha Intel

UAE Leaves OPEC After 59 Years — END of Oil Cartel?

39 min · 17. touko 2026
jakson UAE Leaves OPEC After 59 Years — END of Oil Cartel? kansikuva

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The United Arab Emirates' departure from OPEC after 59 years marks a pivotal fracture in the oil cartel. Effective May 1, 2026, the UAE—one of OPEC's top producers with significant spare capacity—quit the organization and the broader OPEC+ alliance to pursue independent production decisions aligned with its national interests. Social Media X: https://www.twitter.com/MithaIntel Instagram: https://www.instagram.com/MithaIntel YouTube: https://youtube.com/@MithaIntel Rumble: https://rumble.com/Mitha Disclaimer Insights within media content are NOT designed to be Professional Legal, Medical, or Financial Advice. Opinions DO NOT represent any Government Agency.

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