Behind scenes of UAEs exit from OPEC From disputes with Saudi Arabia to eyeing free market
· 5 min read
Behind scenes of UAE's exit from OPEC: From disputes with Saudi Arabia to eyeing free market
TEHRAN- Energy market analysts and observers believe that the UAE's exit from OPEC and the OPEC+ group will weaken the influence of the organization's member countries and their allies in the oil market and free up Abu Dhabi to increase its oil sales. However, they say it will not disrupt the cohesion of OPEC and OPEC+.
