UAE to leave OPEC on May 1

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  • Pogo
    Mystic Knight of the sea
    • Oct 2024
    • 620

    UAE to leave OPEC on May 1

    DUBAI, United Arab Emirates (AP) — The United Arab Emirates announced Tuesday that it will leave OPEC effective May 1, stripping the oil cartel of one of its largest producers and further weakening its leverage over global oil supplies and prices.

    The UAE’s decision had been rumored as a possibility for some time, as it pushed back in recent years against OPEC production quotas it felt had been too low — meaning it wasn’t able to sell as much oil to the world as it had wanted.

    The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices.
    We have met the enemy and he is us.

  • mrkalashnikov
    Member
    • Oct 2024
    • 404

    #2
    From everything I read and hear OPEC is going away.

    Comment

    • GARANDNUT
      Senior Member
      • Oct 2024
      • 342

      #3
      The UAE is mighty pissed. Iran has launched more missile and drone attacks against the UAE than any other country including Israel. A UAE representative the other day was saying that they were not even targeting military installations only civilian infrastructure. This realignment is huge for world peace and stability. The UAE has asked for military assistance from Israel and they are sending troops and ABM units to them. The Euro fags and dem criminals are going to do everything they can to protect the status quo and protect the IRGC.

      Comment

      • aviator
        Administrator
        • Oct 2024
        • 2170

        #4
        Leaving the mafia is not easy.
        Sometimes I wish I had a Harry Potter's wand and make people go up into smoke.

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