Why UAE leaving OPEC could affect oil prices worldwide
Video Overview & Insights
The United Arab Emirates will leave the Organization of the Petroleum Exporting Countries (OPEC) on Friday (May 1) — a move that analysts say will impact global oil prices and reshape geopolitical alignments. CNA's Olivia Marzuki takes a closer look. #news #uae #opec #oil
And it's an absolutely wonderful thing opec needs to go away just screwing the planet
(Video: CNA/Calvin Oh, Samuel Woo)
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OPEC is a collusion, which is illegal in most countries. But, I guess it is ok, when it is an international organziation and there is no one that can make it illegal.
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Yup, the UAE will join AI+PAC and India as the producers of oils 😂😂😂
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It means, UAE is broke poor
More User Perspectives
Great. Good news. Finally
@CryptoGx7788Good cheaper oil and free competition
@hkfoo3333Seems inevitable breakup since Iran remains in OPEC. Afterall, Iran targeted OPEC/OPEC+ countries, with UAE badly hit in this ME war.
@esther_18ADNOC is the main oil producer in the UAE. The other emirates don't produce oil. The effects of the UAE's departure from OPEC and OPEC+ are overstated.
@jeremychoo934Good. OPEC cartel no good for anyone
@tpt5560Are all MUSANG KING durian selling the same price
@tanpengjoo7205Is this AI?
@AdrianCHOYVenezuela US UAE... Oil 🛢️ market manipulation 😅
@Lycan39the US has messed up the world!!!! 🌎🌎🌎🌎
@antonette2113