The United Arab Emirates’ decision to leave OPEC after nearly 60 years marks a major shift in the global oil order.

UAE, OPEC, cartels, war, and a market-driven energy landscape. Here's what it all boils down to for you.

The UAE's departure from OPEC could trigger a domino effect, experts say, potentially leading to lower gasoline prices within ...

The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further ...

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produ ...

Last month, the United Arab Emirates announced its withdrawal from Opec, threatening the once-mighty oil-producing group ...

The Arab oil producer has long expressed frustration with the quotas it has to follow as part of OPEC, the cartel of major state-owned oil producers.

Two Gulf countries have now departed the cartel that coordinated their oil politics for nearly six decades. The question ...

President Donald Trump said he supports the United Arab Emirates' decision to leave the international oil cartel OPEC. Trump said he believes the move will bring down energy prices, which have ...

Global demand is facing constraints because supply from the Persian Gulf has been effectively cut off by Iran's blockade of the Strait of the Hormuz.

The United Arab Emirates said on Tuesday it was quitting oil-producers' group OPEC, as an unprecedented energy crisis ...

The UAE announced it is quitting OPEC after 59 years, a move experts say could boost oil production and ultimately lower global energy prices.