oil cartel
Coverage of oil cartel in the Nexus archive.
- In five charts - How UAE's exit could affect Opec's influence over the oil price
The article examines how the UAE's potential exit from OPEC could weaken the cartel's control over oil prices and global energy markets. It uses BBC charts to analyze the implications for OPEC's stability and pricing power.
- Why has the UAE left Opec - and why does this matter?
The United Arab Emirates (UAE) has decided to leave the Organization of the Petroleum Exporting Countries (OPEC) after nearly 60 years of membership, marking a significant shift in its energy and geopolitical strategy.
- Will UAE's departure from OPEC affect the oil cartel's future influence?
The UAE's decision to leave OPEC raises questions about the oil cartel's future influence. NPR's A Martinez discusses the potential impacts with Helima Croft, global head of commodity strategy at RBC Capital Markets.
- UAE leaves OPEC in blow to oil cartel amid war on Iran
The United Arab Emirates has announced its withdrawal from OPEC and OPEC+, marking a significant shift in the oil cartel's dynamics. The move is seen as a blow to the group's cohesion amid tensions involving Iran.
- United Arab Emirates to quit oil cartel Opec
The United Arab Emirates is set to leave the OPEC oil cartel, marking a significant setback for the organization and potentially signaling its decline.
- UAE to leave OPEC in blow to oil cartel
The United Arab Emirates (UAE) is set to exit OPEC, marking a significant shift in the oil cartel's influence and signaling a potential realignment in global oil production strategies.