OPEC & United Arab Emirates
54 shared events · Importance 6 · Last updated Jul 06, 2026
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International
OPEC: OPEC+ agreed to increase crude oil production quotas, which could lead to an oversupply if demand does not keep pace.
United Arab Emirates: The United Arab Emirates is a former OPEC+ member and continues to use ports outside the Strait of Hormuz. Additional crude from the United Arab Emirates is expected to be available.
Jul 06, 2026 · 6 articles
International
OPEC: OPEC, along with its allies in OPEC+, agreed to increase oil production targets, influencing global oil supply and prices. The organization faces challenges with member departures and requests for higher quotas.
United Arab Emirates: The United Arab Emirates quit OPEC+ in late April to align its capacity more closely with its production, free of group restraints. Its exports are recovering with US assistance.
Mar 09, 2018 · 100 articles
International
OPEC: OPEC faces a significant challenge with Iraq, its second-largest producer and a founding member, threatening to leave if its oil quota is not raised. This potential departure, following the United Arab Emirates' exit, could further destabilize the group and impact its influence on global oil markets.
United Arab Emirates: The United Arab Emirates' recent departure from OPEC is cited as a precedent, adding to the pressure on OPEC as Iraq considers a similar move. Its exit highlights the internal challenges within the organization.
Jun 25, 2026 · 34 articles
International
OPEC: OPEC+ is an alliance of oil-producing nations that coordinates global crude oil production to manage and stabilize prices. Its internal divisions and production decisions significantly influence global oil supply and prices.
United Arab Emirates: The United Arab Emirates has 'stepped out' from some OPEC+ agreements, indicating fragmentation within the alliance regarding production quotas.
Jul 06, 2026 · 6 articles
International
OPEC: The OPEC' historical market management was referenced in comparison to China's current actions.
United Arab Emirates: The United Arab Emirates, like Saudi Arabia, found alternative routes to export oil, contributing to the stabilization of global supply despite the conflict.
Apr 20, 2026 · 22 articles
International
OPEC: Iran is the third-largest producer in OPEC, and the disruption to its oil exports due to the conflict has implications for global oil markets.
United Arab Emirates: The United Arab Emirates foreign minister emphasized the importance of full commitment to the interim deal between Iran and the US, reflecting regional concerns about stability.
Apr 20, 2026 · 508 articles
Business
OPEC: The OPEC (OPEC) is mentioned in the context of the United Arab Emirates' withdrawal, but this event has not had a direct impact on the current fuel price reductions by Dangote Petroleum Refinery.
United Arab Emirates: The United Arab Emirates' withdrawal from OPEC is noted but does not directly influence the current fuel price reductions by Dangote Petroleum Refinery.
May 26, 2026 · 120 articles
International
OPEC: OPEC+ is considering a larger-than-planned oil output increase in response to geopolitical tensions, aiming to stabilize oil markets.
Feb 28, 2026 · 7 articles
International
OPEC: OPEC agreed to a modest oil output increase, which is unlikely to calm markets amid supply disruptions.
Mar 01, 2026 · 8 articles
International
OPEC: OPEC+ countries announced an increase in crude production by 206,000 barrels per day in April to mitigate supply concerns arising from the conflict.
Mar 01, 2026 · 6 articles
International
OPEC: OPEC agreed to a modest oil output boost for April, but this is largely insufficient to offset the supply disruptions caused by the Middle East conflict.
Mar 01, 2026 · 42 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Apr 22, 2026 · 302 articles
International
OPEC: OPEC+ agreed to a modest output increase of 206,000 bpd, which is insufficient to offset potential supply losses from the Strait of Hormuz closure.
Feb 28, 2026 · 35 articles
International
OPEC: India is in discussions with the OPEC regarding oil supplies.
Mar 05, 2026 · 6 articles
International
OPEC: OPEC Plus announced an increase in oil production to mitigate the impact of the Middle East conflict on oil prices.
Feb 28, 2026 · 358 articles
International
OPEC: Saudi Arabia and the United Arab Emirates are both members of OPEC, highlighting their economic ties despite the current geopolitical dispute.
Jan 08, 2026 · 6 articles
International
OPEC: Iran is a member of OPEC, and the tariffs could indirectly affect the global oil market, though OPEC's direct role in this event is minimal.
Jan 12, 2026 · 8 articles
International
OPEC: Iran, a member of the OPEC, is a significant oil producer, and disruptions to its facilities could impact global supply.
Mar 02, 2026 · 17 articles
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United Arab Emirates withdrew from alliance OPECIran War Escalates, Strait...
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United Arab Emirates withdrew from alliance OPECOPEC+ Increases Oil...
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United Arab Emirates decided to leave OPECIraq threatens OPEC exit
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