Why the UAE are Ditching OPEC

In this video, we’re going to explain why the UAE left OPEC, and whether this could spell the beginning of the end for the international group.

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Sources OPEC history https://www.bloomberg.com/gadfly/interactives/2016-how-opec-won-the-battle-and-lost-the-war/ https://en.wikipedia.org/wiki/OPEC https://x.com/EdConwaySky/status/2049132930279121215 https://www.phenomenalworld.org/analysis/opec-plus/

US oil production https://en.m.wikipedia.org/wiki/File:US_Crude_Oil_Production_and_Imports.svg https://www.eia.gov/todayinenergy/detail.php?id=61545 https://www.eia.gov/energyexplained/oil-and-petroleum-products/imports-and-exports.php

UAE decision to quit https://www.ft.com/content/cf427766-a13e-4eb2-ab70-d9ee7ea5bed1?syn-25a6b1a6=1 https://www.bloomberg.com/opinion/articles/2026-04-28/opec-is-facing-an-existential-crisis-after-the-uae-exit https://x.com/tracyalloway/status/2049221037217165480?s=20 https://x.com/JavierBlas/status/2049104031495180799?s=20 https://x.com/Rory_Johnston/status/2049118841561555420?s=20 https://x.com/Rory_Johnston/status/2049153326734856459?s=20