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Shocking UAE exit rocks OPEC, but group will still hold significant sway over the oil market

By CNBC April 29, 2026 Bearish
Shocking UAE exit rocks OPEC, but group will still hold significant sway over the oil market
UAE leaving OPEC will have huge ramifications. One year from today, I believe UAE oil production will be over 4 million barrels per day (mbd).
UAE leaving OPEC will have huge ramifications. One year from today, I believe UAE oil production will be over 4 million barrels per day (mbd).