OPEC & United Arab Emirates
78 shared events · Importance 5 · Last updated Aug 21, 2026
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Business
OPEC: OPEC+ agreed to increase output, signaling a return to normal supply management after war disruptions.
United Arab Emirates: UAE left OPEC+ in April to produce freely, boosting exports and benefiting from higher output.
Mar 09, 2018 · 108 articles
International
OPEC: OPEC agreed to a fourth oil output target increase, but its actual production has collapsed due to the US war with Iran and the closure of the Strait of Hormuz, leading to a significant supply crisis. The exit of the United Arab Emirates further complicated its production levels.
United Arab Emirates: The United Arab Emirates' exit from OPEC after almost 60 years has deepened the crisis for OPEC and led to adjustments in monthly oil output increases.
Jun 07, 2026 · 36 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
Business
OPEC: OPEC+ decided to raise production by 188,000 bpd in September, completing the unwinding of voluntary cuts. The group faces future quota negotiations and internal cohesion challenges.
United Arab Emirates: The UAE left OPEC in May to pursue its own production expansion, highlighting internal tensions within the group.
Jul 29, 2026 · 42 articles
International
OPEC: The UAE's departure from OPEC in April is cited as a trigger for the transfer difficulties, highlighting OPEC's internal tensions and Saudi Arabia's leadership role.
United Arab Emirates: The UAE is the target of enhanced oversight, facing delayed transfers and increased scrutiny. This could deter investment and complicate its role as a regional business hub.
Aug 18, 2026 · 6 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.
United Arab Emirates: The United Arab Emirates, another Gulf ally, also requested the U.S. to postpone military action and has proactively struck Iran at least once, asserting its right to self-defense against regional threats.
May 07, 2026 · 362 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: OPEC approved production increases, adding to supply and pressuring prices.
United Arab Emirates: One of the Gulf allies that urged restraint, concerned about potential Iranian attacks on its energy facilities. Its economy is sensitive to oil price swings.
Feb 08, 2026 · 380 articles
International
OPEC: The OPEC' share in India's imports rose in April, partly due to increased imports from the United Arab Emirates, a former member.
United Arab Emirates: The United Arab Emirates' oil imports to India rebounded significantly in April, helping to offset the decline in the Middle East's overall share. The UAE also exited OPEC in May.
May 25, 2026 · 7 articles
Business
OPEC: The OPEC>>> and its allies agreed to raise oil output in July, but this move is seen as symbolic given the ongoing disruptions in the Middle East and damage to Russia>>>'s energy infrastructure.
United Arab Emirates: The United Arab Emirates>>> abruptly exited the OPEC, impacting the cartel's dynamics and potentially its ability to control output, though its exit is not directly linked to the price cuts.
Jun 08, 2026 · 7 articles
International
OPEC: OPEC lowered its demand growth outlook, partially offsetting supply concerns.
United Arab Emirates: The UAE condemned the attacks on its vessels and cut economic ties with Iran, aligning with US pressure.
Jul 15, 2026 · 127 articles
International
OPEC: UAE's exit from OPEC in May was a key point of tension. The unity signaling may hint at possible re-engagement, affecting oil production coordination.
United Arab Emirates: The UAE participated in the coordinated posts, signaling a de-escalation of tensions with Saudi Arabia. This could lead to more cohesive GCC policies and potentially re-engagement with OPEC.
Jul 21, 2026 · 6 articles
International
OPEC: As a major oil producer, Kuwait's instability affects OPEC's production capacity and oil market dynamics.
United Arab Emirates: The UAE has condemned Iranian attacks on neighboring states and reaffirmed solidarity, though it has not been directly targeted in this wave.
Apr 20, 2026 · 423 articles
International
OPEC: The OPEC (OPEC) is experiencing a weakening of its pricing power and influence over oil markets due to the United States' ascendancy as the top exporter and the departure of the United Arab Emirates.
United Arab Emirates: The United Arab Emirates' departure from the OPEC (OPEC) further weakens the organization's influence in the global oil market.
Apr 20, 2026 · 18 articles
International
OPEC: OPEC lowered its 2026 oil demand growth forecast due to the Iran war and the closure of the Strait of Hormuz, impacting its credibility and the market's perception of its influence.
United Arab Emirates: The United Arab Emirates left OPEC and OPEC on May 1, which is noted in the context of OPEC's overall crude output figures.
Jun 11, 2026 · 6 articles
International
OPEC: OPEC+ is expected to halt output increases, supporting prices, but faces supply constraints.
United Arab Emirates: The UAE is a major oil exporter that has rerouted shipments via Fujairah to avoid the strait. It faces regional tensions and has suspended financial transactions with Iran.
Apr 08, 2026 · 416 articles
International
OPEC: OPEC oil output fell to its lowest level in over two decades in April due to disruptions linked to the Strait of Hormuz, indicating reduced supply.
United Arab Emirates: The United Arab Emirates participated in a call with Donald Trump to discuss the peace deal, highlighting its role as a regional stakeholder in the Middle East war.
May 02, 2026 · 472 articles
International
OPEC: OPEC has increased production, which could offset supply disruptions. Its decisions affect oil prices.
United Arab Emirates: The UAE has faced attacks on its vessels and supports a deal to secure shipping. It is also involved in regional diplomacy.
Mar 09, 2018 · 316 articles
International
OPEC: OPEC+ agreed to boost output by 188,000 bpd in August, but the increase may be difficult due to war disruptions.
United Arab Emirates: The UAE boosted crude output to a record 4.1 million bpd in June, adding to global supply and pressuring oil prices.
Apr 20, 2026 · 304 articles
International
OPEC: The United Arab Emirates decided to withdraw from OPEC, which could have implications for global oil supply and pricing.
United Arab Emirates: The United Arab Emirates has been targeted by drone attacks, including on its Barakah nuclear power plant, and has condemned these actions as dangerous escalations. It is also a potential signatory to the Abraham Accords.
Apr 26, 2026 · 590 articles
International
OPEC: OPEC's second-biggest producer Iraq is rerouting exports, affecting the organization's output dynamics.
United Arab Emirates: UAE accelerates pipeline construction and port expansion to bypass Hormuz, enhancing its export capacity.
Jul 18, 2026 · 6 articles
International
OPEC: OPEC data used to measure supply losses, but group's influence limited.
United Arab Emirates: UAE faces economic contraction due to reliance on Strait of Hormuz.
Apr 20, 2026 · 709 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
International
OPEC: Oil industry experts informed OPEC>>> that supply disruptions from the Strait of Hormuz>>> closure will persist.
United Arab Emirates: The United Arab Emirates>>> has sustained damage from missile and drone attacks launched by Iran>>> and its proxies, making it a victim of the ongoing conflict.
Jun 03, 2026 · 17 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
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