YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

UAE leaving OPEC

Posted online

The United Arab Emirates is leaving OPEC, effective May 1.

The UAE is ending its membership in the oil cartel after nearly six decades.

"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 country's energy ministry said in a statement.

Read more from Quartz.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences