The UAE just announced it’s leaving OPEC and OPEC+ effective May 1st
After almost 60 years as a member, the UAE (OPEC’s 3rd biggest producer) is exiting to pump more oil on its own — aiming for close to its full 5 million barrels per day capacity, without the cartel’s limits
By News on the Net -- Eagle Wings —— Bio and Archives--April 28, 2026
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Why this is huge:
It seriously weakens OPEC+’s power to control global oil supply and prices. More UAE oil flooding the market could push prices down, while showing deep cracks in the cartel at a time when Middle East tensions are already high. This changes the whole game for energy markets.
Big move. Watch the prices closely.
???? BREAKING: The UAE just announced it’s leaving OPEC and OPEC+ effective May 1st.
— ???? Eagle Wings ???? (@CRRJA5)April 28, 2026
After almost 60 years as a member, the UAE (OPEC’s 3rd biggest producer) is exiting to pump more oil on its own — aiming for close to its full 5 million barrels per day capacity, without the… pic.twitter.com/u03vRwkueR
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