Special Report Spotlight What is OPEC+ and how does it affect oil prices? Ahmad Ghaddar and Yousef Saba Reuters Apr 29, 2026 Apr 29, 2026 Updated 9 hrs ago 0 × Cover Media - Shareable The United Arab Emirates has announced it will leave OPEC starting May 1, marking a major shift in the global energy landscape. Facebook Twitter Bluesky WhatsApp SMS Email Print Copy article link Save LONDON — The United Arab Emirates, one of OPEC+'s largest producers, will leave the oil producers' alliance on May 1, it said on Tuesday.kAm%96 ~C82?:K2E:@? @7 E96 !6EC@=6F> tIA@CE:?8 r@F?EC:6D 2?5 2==:6D[ :?4=F5:?8 #FDD:2[ 2C6 <?@H? 4@==64E:G6=J 2D ~!trZ] {2DE J62C[ E96 8C@FA AC@5F465 ?62C=J d_T @7 E96 H@C=5VD @:= 2?5 @:= =:BF:5D[ 244@C5:?8 E@ x?E6C?2E:@?2= t?6C8J p86?4J 6DE:>2E6D] %96 &pt :D E96 7@FCE9\=2C86DE AC@5F46C :? ~!trZ]k^AmkAmq6=@H 2C6 724ED 23@FE ~!trZ 2?5 :ED C@=6]k^Am A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28, 2024. Leonhard Foeger, Reuters k9am(92E 2C6 ~!tr 2?5 ~!trZnk^9am kAm~!tr H2D 7@F?565 :? `he_ :? q289525 3J xC2B[ xC2?[ zFH2:E[ '6?6KF6=2 2?5 $2F5: pC23:2 H:E9 E96 2:>D @7 4@@C5:?2E:?8 A6EC@=6F> A@=:4:6D 2?5 D64FC:?8 72:C 2?5 DE23=6 AC:46D] %@52J[ :E :?4=F56D `a 4@F?EC:6D[ >2:?=J 7C@> E96 |:55=6 t2DE] %96 &pt ;@:?65 :? `hef]k^Am People are also reading… Longtime produce growers to continue Walker's Market Mount Rogers NRA updates Smyth County on Grindstone, overlook, ponies and more 3 juveniles face charges following Smyth, Wythe pursuit on I-81 23rd annual Older Americans Day coming up in Chilhowie Smyth Commonwealth's Attorney honors Saltville officer Richmond judge dismisses Republican bid to block new maps Sugar Grove Elementary students experience the power of kindness General Assembly dismisses Spanberger's changes on major bills Smyth commissioner's office expands its community outreach Smyth County School Board honors Marion Senior High FFA advisers, others Trump safe after being rushed from White House correspondents dinner; shooter in custody Supreme Court of Va. leaves redistricting certification block in place ahead of final ruling Man accused of escaping custody in Marion now faces felony charge Man who escaped in Marion has history of escapes, assaults Redistricting before Va. Supreme Court: Sides disagree over definition of an election kAm%96 &pt :D E96 7@FCE9 AC@5F46C E@ =62G6 E96 8C@FA :? C646?E J62CD[ 2?5 3J 72C E96 3:886DE] p?8@=2[ H9:49 ;@:?65 ~!tr :? a__f[ BF:E E96 3=@4 2E E96 DE2CE @7 a_ac[ 4:E:?8 5:D28C66>6?ED @G6C AC@5F4E:@? =6G6=D] t4F25@C BF:E ~!tr :? a_a_ 2?5 "2E2C :? a_`h]k^AmkAm%96 8C@FA AC@5F465 @G6C 92=7 @7 8=@32= 4CF56 :? 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E96 8=@32= 2==:2?46 @7 ~!trZ 2C6 C6AC6D6?E65 3J #FDD:2[ pK6C32:;2?[ z2K2<9DE2?[ q29C2:?[ qCF?6:[ |2=2JD:2[ |6I:4@[ ~>2?[ $@FE9 $F52?[ $F52? 2?5 qC2K:=[ H9:49 ;@:?65 :? 62C=J a_ad]k^Am Nation & World Trump unhappy with Iran's latest proposal to end the war Parisa Hafezi and Steve Holland Reuters Sources: Reuters News, World Economic Forum website, OPEC website, U.S. Department of State website, the International Energy Agency. 0 Comments Be the first to know Get local news delivered to your inbox! Sign up! * I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy. Related to this story UAE Exits OPEC, Shaking Global Oil Power Balance The United Arab Emirates has announced it will leave OPEC starting May 1, marking a major shift in the global energy landscape. 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Nation & World A look at life on board an Iraqi commercial oil tanker amid Iran war QASSIM ABDUL-ZAHRA Associated Press
Nation & World Trump unhappy with Iran's latest proposal to end the war Parisa Hafezi and Steve Holland Reuters
UAE Exits OPEC, Shaking Global Oil Power Balance The United Arab Emirates has announced it will leave OPEC starting May 1, marking a major shift in the global energy landscape.
