Opec

Saudi oil prince’s iron grip faces ultimate test with UAE’s shock OPEC exit

Saudi Arabia's Minister of Energy Prince Abdulaziz bin Salman Al Saud was granted unprecedented powers as a chairman of OPEC to call meetings at any time.

Commentary

Oil markets and prices will not be the same after UAE’s OPEC exit

The headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna. For OPEC, losing the UAE is not a flesh wound, but an amputation.

Forum: Treat energy security as a whole-of-economy issue

News analysis

UAE oil break exposes deepening Saudi rift as Gulf power shifts

The United Arab Emirates’ decision to quit Opec is part of a deeper rupture in ties in which Abu Dhabi is prioritising autonomy over deference to Riyadh, said analysts.

OPEC+ likely to agree another oil output hike without UAE, sources say

Members of OPEC+ had been expected to hike output to 206,000 barrels per day before the UAE's exit announcement.

Commentary

UAE’s OPEC exit: Shockwaves will be felt beyond oil prices

The United Arab Emirates has dealt a severe blow to OPEC with its plans to quit the oil cartel.

UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says

Russia to remain in OPEC+, hopes UAE exit does not spell end of group

What is OPEC+ and how does it affect oil prices?

In 2025, OPEC+ produced nearly 50 per cent of the world's oil and oil liquids.

UAE leaves OPEC and OPEC+ in huge blow to global oil producers’ group

OPEC Gulf producers have already been struggling to ship exports through the Strait of Hormuz, where a fifth of the world’s crude oil and liquefied natural gas normally passes.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.