UAE exit signals OPEC’s declining grip on oil markets

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Weafer

UAE exit signals OPEC's declining grip connected lipid markets

Chris Weafer, the CEO of Micro-Advisory Partners, says the UAE’s OPEC exit frees 1 cardinal barrels of spare capacity. He warns Kazakhstan and Venezuela whitethorn follow, leaving OPEC acold little influential connected planetary lipid pricing.

Published On 30 Apr 2026

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