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NDTV THe Opening - The Significance of UAE Quitting OPEC

QS Team ·29 Apr 2026

UAE leaving OPEC+ What’s the significance. Short term none because oil is blockaded Long term BIG because UAE outside OPEC could boost Gulf oil output by 12-15% and global output by 2%. This could reduce global oil prices 5-8% But price fall probably won’t happe…

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