{"id":2596090,"date":"2026-04-28T11:21:01","date_gmt":"2026-04-28T15:21:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/opec-unexpectedly-loses-a-member-in-shock-to-global-oil-market\/"},"modified":"2026-04-28T11:22:20","modified_gmt":"2026-04-28T15:22:20","slug":"opec-unexpectedly-loses-a-member-in-shock-to-global-oil-market","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/opec-unexpectedly-loses-a-member-in-shock-to-global-oil-market\/","title":{"rendered":"OPEC Unexpectedly Loses a Member in Shock to Global Oil Market"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fopec-unexpectedly-loses-a-member-in-shock-to-global-oil-market%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2596090&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>the United arab Emirates announced that it will leave OPEC (and OPEC+) effective May 1,2026,a move that could add uncertainty to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/buttigieg-passing-spending-bills-important-to-reduce-inflation\/\" title=\"Buttigieg: Passing Spending Bills &#039;Important&#039; to Reduce Inflation\">global oil markets<\/a>. The UAE, a founding member since 1967 and one of OPEC\u2019s larger producers, said the decision follows a review of its production policy and capacity and reflects its national interest and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/british-foreign-minister-we-will-maximize-every-last-second-on-getting-the-remainder-of-citizens-out-of-afghanistan\/\" title=\"British Foreign Minister: We will maximize every last second on getting the remainder of citizens out of Afghanistan\">long-term strategy<\/a>, including increased investment in <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mcconnell-warns-democrats-what-republicans-will-do-if-democrats-end-filibuster-would-be-childs-play\/\" title=\"McConnell Warns Democrats What Republicans Will Do If Democrats End Filibuster: \u2018Would Be Child\u2019s Play\u2019\">domestic energy production<\/a>.<\/p>\n<p>The proclamation suggests the UAE plans to act independently after exiting, including bringing additional (and more gradual) production to the market in line with demand. The change is also tied to regional tensions-particularly strained relations with saudi Arabia-and the UAE\u2019s efforts to lessen Saudi influence in energy policy.<\/p>\n<p>News coverage frames the departure as a important blow to OPEC\u2019s ability to coordinate output and as part of a broader regional power dynamic affecting global energy supply and pricing.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><br \/>\n<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>The United Arab Emirates announced Tuesday that as of Friday it is quitting OPEC, adding uncertainty to the global oil markets.<\/p>\n<p>The UAE, one of 12 OPEC members, was hammered by Iran during the war that is currently on pause. As noted by <a href=\"https:\/\/www.cnbc.com\/2026\/04\/28\/uae-opec-oil-iran.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a>, the UAE has also been impacted by Iran\u2019s closure of the Strait of Hormuz.<\/p>\n<p>The nation was the third-largest OPEC producer as of February after Saudi Arabia and Iraq. It has been part of OPEC since 1967.<\/p>\n<p>The UAE\u2019s action came as <a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/futures\/CRUDE%20OIL%20-%20ELECTRONIC\" target=\"_blank\" rel=\"noopener\">oil was trading<\/a> at just under $100 per barrel after surpassing the threshold earlier.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">UAE quits OPEC, a major blow to world\u2019s biggest oil exporters and leading member Saudi Arabia as Iran war roils <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-begs-oil-industry-to-lower-prices-as-energy-crisis-looms-report\/\" title=\"Biden Begs ... Industry To Lower Prices As Energy Crisis Looms: ...\">global energy markets<\/a>. <a href=\"https:\/\/t.co\/bXf84YxXJM\">https:\/\/t.co\/bXf84YxXJM<\/a> <a href=\"https:\/\/t.co\/MhXwy2OOGK\">pic.twitter.com\/MhXwy2OOGK<\/a><\/p>\n<p>\u2014 CNN Breaking News (@cnnbrk) <a href=\"https:\/\/twitter.com\/cnnbrk\/status\/2049112665939755466?\">April 28, 2026<\/a><\/p>\n<\/blockquote>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"anyclipvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadAnyclip() { \t\t\t\t\t\tconst container = document.getElementById(\"anyclipvideo\"); \t\t\t\t\t\tif (!container) return;  \t\t\t\t\t\tconst script = document.createElement(\"script\"); \t\t\t\t\t\tscript.src = \"https:\/\/player.anyclip.com\/anyclip-widget\/lre-widget\/prod\/v1\/src\/lre.js\"; \t\t\t\t\t\tscript.setAttribute(\"pubname\", \"westernjournalcom\"); \t\t\t\t\t\tscript.setAttribute(\"widgetname\", \"001w000001jULVcAAO_M12924\");  \t\t\t\t\t\t\/\/ append inside the container so player shows in correct spot \t\t\t\t\t\tcontainer.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement = document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs = Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex = paragraphs.findIndex(p => p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING);  \t\t\t\t\t\tif (targetIndex === -1 || targetIndex < x) { \t\t\t\t\t\t\tconsole.warn(\"Not enough paragraphs before the target element.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\treturn paragraphs[targetIndex - x]; \t\t\t\t\t}  \t\t\t\t\t\/\/ Set up IntersectionObserver \t\t\t\t\tfunction observeElement(element) { \t\t\t\t\t\tif (!element) return;  \t\t\t\t\t\tconst observer = new IntersectionObserver( \t\t\t\t\t\t\t(entries) => { \t\t\t\t\t\t\t\tentries.forEach(entry => { \t\t\t\t\t\t\t\t\tif (entry.isIntersecting) { \t\t\t\t\t\t\t\t\t\tconsole.log(\"Paragraph is now visible:\", entry.target.textContent.trim()); \t\t\t\t\t\t\t\t\t\tloadAnyclip(); \t\t\t\t\t\t\t\t\t\tobserver.disconnect(); \t\t\t\t\t\t\t\t\t} \t\t\t\t\t\t\t\t}); \t\t\t\t\t\t\t}, \t\t\t\t\t\t\t{ threshold: 0.5 } \/\/ Adjust threshold as needed \t\t\t\t\t\t);  \t\t\t\t\t\tobserver.observe(element); \t\t\t\t\t}  \t\t\t\t\t\/\/ Find the 1st paragraph before #anyclipvideo and observe it \t\t\t\t\tlet paragraphToObserve = findPreviousParagraph(\"#anyclipvideo\", 2); \t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cThe United Arab Emirates today announced its decision to exit the Organization of the Petroleum Exporting Countries (OPEC and OPEC+), effective 1 May 2026. This decision reflects the UAE\u2019s long-term strategic and economic vision and evolving energy profile, including accelerated investment in domestic energy production, and reinforces its commitment to a responsible, reliable, and forward-looking role in global energy markets,\u201d the nation\u2019s official news outlet <a href=\"https:\/\/www.wam.ae\/en\/article\/bzxzuh7-uae-announces-decision-exit-opec-opec%2B\" target=\"_blank\" rel=\"noopener\">reported<\/a>.<\/p>\n<p>\u201cThis decision follows a comprehensive review of the UAE\u2019s production policy and its current and future capacity and is based on our national interest and our commitment to contributing effectively to meeting the market\u2019s pressing needs,\u201d the release said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The UAE has played with the idea of leaving OPEC since 2020<\/p>\n<p>The rift with Saudi Arabia further contributes to this decision trying to wean off Saudi influence as the UAE is trying to go it alone feeling their voice was no longer effectively heard<\/p>\n<p>It provides Abu Dhabi with\u2026 <a href=\"https:\/\/t.co\/EcqOQp4OLu\">https:\/\/t.co\/EcqOQp4OLu<\/a><\/p>\n<p>\u2014 Dr Andreas Krieg (@andreas_krieg) <a href=\"https:\/\/twitter.com\/andreas_krieg\/status\/2049105991552159928?\">April 28, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The report added, \u201cA <a href=\"https:\/\/amzn.to\/3YuVZYV\" >stable global energy system depends<\/a> on flexible, reliable, and affordable supply. The UAE has invested to meet evolving demand efficiently and responsibly, prioritizing stability, affordability, and sustainability.\u201d<\/p>\n<p>\u201cThe decision reflects a policy-driven evolution in the UAE\u2019s approach, enhancing flexibility to respond to market dynamics while continuing to contribute to stability in a measured and responsible manner,\u201d the report said.<\/p>\n<p>The announcement also hinted that the UAE would increase production.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83c\udde6\ud83c\uddea The UAE announces it will leave OPEC:<\/p>\n<p>Effective May 1st, the decision ends a 59-year membership and reflects a focus on \u201cwhat the UAE\u2019s national interest requires, its commitment to its investment and importing partners, and the needs of the market.\u201d<\/p>\n<p>The country has stated\u2026 <a href=\"https:\/\/t.co\/pTvCunwzja\">pic.twitter.com\/pTvCunwzja<\/a><\/p>\n<p>\u2014 Hedgeye (@Hedgeye) <a href=\"https:\/\/twitter.com\/Hedgeye\/status\/2049107919874986493?\">April 28, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u201cFollowing its exit, the UAE will continue to act responsibly, bringing additional production to market in a gradual and measured manner, aligned with demand and market conditions. With a large and competitive resource base, the UAE will continue working with partners to develop resources, supporting economic growth and diversification,\u201d the report said.<\/p>\n<p>The article said leaving OPEC \u201cenhances the UAE\u2019s ability to respond to evolving market needs,\u201d adding that \u201cthe time has come to focus our efforts on what our national interest dictates and our commitment to our investors, customers, partners and global energy markets.\u201d<\/p>\n<p>A report in the <a href=\"https:\/\/apnews.com\/article\/opec-united-arab-emirates-leaving-cartel-4966108c3fafacb67181152216deda14\" target=\"_blank\" rel=\"noopener\">Associated Press<\/a> framed the pullout as part of a regional duel with Saudi Arabia, saying the \u201cUAE has been increasingly trying to leverage its own foreign policy in the Middle East\u201d that has contradicted the Saudis.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\ud83d\udea8 HUGE WIN FOR TRUMP: UAE Just LEFT OPEC \u2014 Will Pump WAY MORE OIL!<\/p>\n<p>The United Arab Emirates is exiting OPEC and ramping up independent oil production.<br \/> This is massive for America First energy dominance and lower gas prices!<\/p>\n<p>Repost if you love seeing Trump\u2019s policies\u2026 <a href=\"https:\/\/t.co\/WioGdPR35i\">pic.twitter.com\/WioGdPR35i<\/a><\/p>\n<p>\u2014 America Pulse News (@AmericaPulseNew) <a href=\"https:\/\/twitter.com\/AmericaPulseNew\/status\/2049105639029211197?\">April 28, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A report from <a href=\"https:\/\/www.nytimes.com\/2026\/04\/28\/world\/middleeast\/uae-opec.html\" target=\"_blank\" rel=\"noopener\">The New York Times<\/a> said there were \u201cfestering tensions\u201d between Saudi Arabia and the UAE.<\/p>\n<div style=\"background-color: #f7f7f7; color: #171717; display: flex;font-size: 16px;font-weight: 600;line-height: 1.5;margin: 24px 0;padding: 18px 20px 18px 30px;text-align: left;\">\n<div style=\"align-self: stretch;border-left: 3px solid #171717;flex-shrink: 0;padding-left: 20px;\"><\/div>\n<p><a style=\"text-decoration: none;\" href=\"https:\/\/www.google.com\/preferences\/source?q=https:\/\/www.westernjournal.com\/\">Choose The Western Journal as your preferred source on Google and never miss reporting that defends truth, protects freedom, and advances Western civilization<\/a><\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey == typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts = { \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs = [ 'name', '', 'message' ];  \t\t\t\t\tfor( var i = 0; i < inputs.length; i++ ) if( ! 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