{"id":53714,"date":"2026-04-29T08:37:19","date_gmt":"2026-04-29T06:37:19","guid":{"rendered":"https:\/\/www.nzp.de\/uae-to-leave-opec-and-opec-what-the-exit-could-mean-for-quotas-cohesion-and-oil-markets\/"},"modified":"2026-07-23T11:38:50","modified_gmt":"2026-07-23T09:38:50","slug":"uae-to-leave-opec-and-opec-what-the-exit-could-mean-for-quotas-cohesion-and-oil-markets","status":"publish","type":"post","link":"https:\/\/www.nzp.de\/de\/uae-to-leave-opec-and-opec-what-the-exit-could-mean-for-quotas-cohesion-and-oil-markets\/","title":{"rendered":"Die VAE verlassen die OPEC und die OPEC+: Was der Austritt f\u00fcr die F\u00f6rderquoten, den Zusammenhalt und die \u00d6lm\u00e4rkte bedeuten k\u00f6nnte"},"content":{"rendered":"<div style=\"text-align: justify;\">\n<p>The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) on May 1, according to a statement carried by the country\u2019s state news agency. Abu Dhabi framed the move as part of a longer-term strategy to accelerate investment in domestic production and align energy policy with broader economic priorities.<\/p>\n<p>OPEC, founded in 1960 to coordinate output policies among major producers, has long sought to manage supply in ways that influence global oil prices. The UAE\u2019s departure also extends to OPEC+, the wider coalition that includes Russia and has played a central role in production management since 2016.<\/p>\n<p>The exit is likely to test the cohesion of the producer group and represents a political and strategic setback for Saudi Arabia, OPEC\u2019s largest and most influential member. OPEC countries collectively account for roughly a third of global oil production and control the bulk of proven reserves, giving the organization outsized influence even when day-to-day market pricing is driven by a broader set of factors.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) on May 1, according to a statement carried by the country\u2019s state news agency. Abu Dhabi framed the move as part of a longer-term strategy to accelerate investment in domestic production and align energy policy with broader economic priorities. OPEC, [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":51433,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139],"tags":[],"class_list":["post-53714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) on May 1, according to a statement carried by the country\u2019s state news agency. Abu Dhabi framed the move as part of a longer-term strategy to accelerate investment in domestic production and align energy policy with broader economic priorities. 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