By Andrew Moran The United Arab Emirates said it is leaving OPEC and the broader alliance. “This decision follows a comprehensive review of the UAE’s production policy and its current and future capacity and is based on our national interest and our commitment to contributing effectively to meeting the market’s pressing needs,” the UAE energy […]
Tag: OPEC
The Organization of the Petroleum Exporting Countries is an intergovernmental organization or cartel of 13 countries. Founded on 14 September 1960 in Baghdad by the first five members, it has since 1965 been headquartered in Vienna, Austria, although Austria is not an OPEC member state.
