The Government of the United Arab Emirates today announced its decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ framework, effective May 1. This decision follows a comprehensive review of the nation’s long-term energy strategy and evolving global market dynamics.

The UAE remains committed to its role as a reliable and responsible global energy supplier. The withdrawal reflects a strategic shift toward greater flexibility in production policy, enabling the country to align its energy output more closely with national economic priorities, technological advancements, and sustainability goals.

A Strategic Evolution

Over the past decade, the UAE has significantly expanded its production capacity and invested in advanced energy infrastructure. As global demand patterns shift and the energy transition accelerates, the UAE is positioning itself to respond more dynamically to market conditions.

Despite its departure from OPEC and OPEC+, the UAE emphasized that it will continue to collaborate with international partners to promote market stability and transparency. The country will maintain open channels of dialogue with major oil-producing and consuming nations and remain engaged in multilateral energy forums.

News archive: United Arab Emirates